The script has been completed and Zoolander 2 is waiting for the go-ahead, Ben Stiller told Empire, offering a few plot details.
The project reunites Derek and Hansel (Stiller and Owen Wilson) ten years later with a story set primarily in Europe.
“Their lives have changed and theyre not really relevant anymore,” Stiller said, “Its a new world for them.”
Stiller also confirmed that Will Ferrell will return as Mugatu, stating that the character has an “integral part” in the screenplay.
“Will Ferrell is written into the script and hes expressed interest in doing it,” he explained, “…he features in a big way.
Zoolander 2 is not currently greenlit, but check back for updates on the project as they become available.