Warner Bros. Drops 'Dumber and Dumber' Sequel; Farrelly Bros. To Shop Project Elsewhere

"So you're saying there's a chance!"

For whatever reason (I'm betting Jim Carrey's long hold-up to be paid which has taken years away from the project), Warner Bros. has declined to move forward on the sequel to 1994's Dumb and Dumber.

The film - which has been in the works for years at New Line Cinema (now owned by WB) - is being given the opportunity to be shopped to other studios who might what to distribute and finance the sequel to one of the biggest comedies of the 1990s.

Both original stars Jim Carrey and Jeff Daniels are attached to the project with Bobby and Peter Farrelly back in the directors' chairs to helm the sequel, appropriately titled, Dumb and Dumber To.

The follow-up would see Harry and Lloyd hit the road once again to find Harry's illegitimate daughter for a kidney transplant (sounds stupid, by didn't two guys heading to Aspen to return a briefcase sound pretty lame too?).

Apparently, Warners' lost interest in the project recently and see limited upside to the flick, which would cost around $30 million, the same as their recent flop, The Incredible Burt Wonderstone, co-starring Carrey.

Not for nothing, but I think WB is out of their minds for letting this go.  Do they not realize how many people love Dumb and Dumber, and how many fans it's made over the past 20 years?  People will line up to see this film, an almost guaranteed box office smash.  With a budget of $30 million - on top of probably another $20 million in marketing - this thing will do huge business, probably making up that figure in its opening weekend alone.

Regardless of that, expect news fairly soon on which studio is going to pick this thing up because I doubt it will be on the market for long.

By the way, remember when 20th Century Fox decided not to make Ted?

Source: The Hollywood Reporter