...and soon thereafter, Paramount announced that Zoolander 2 will hit theaters on Feb. 12, 2016.
The film has been rumored to have been in the works since 2008, but things got far more serious in recent months when Will Ferrell, who played Mugatu, talked about reprising his role and an upcoming script read-through in September, when Deadline reported Penelope Cruz was attached to co-star, and when Stiller's wife Christine Taylor signed on to reprise her roll as Matilda.