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So, what’s the latest update? Favreau has been quizzed on the possibility, and he says he doesn’t think there’s a story worth telling there.
“I think there’s always room for new Christmas movies; that particular film, I don’t know what story would be told after that. It’s very complete,” the director told Variety.
So…don’t be surprised if Favreau tries to make another modern Christmas classic (assuming he ever gets out of the Star Wars and Disney universes), but it looks like all of the principal players have now abandoned any pretense that Elf 2 could happen.
Of course, Ferrell has already done another Christmas movie, appearing in this year’s Spirited with Ryan Reynolds. The two even made light of the connection to Elf in a promotional video for the Apple TV+ original.
“Do you have any idea what it’s like to be in a Will Ferrell Christmas movie that’s not Elf?” Reynolds joked in the video.
“Well, yes. I was there when we shot it,” Ferrell said.
“I don’t think they’re expecting Elf.” Reynolds reasoned, “Yes, they are! Instead, they’re getting a musical from two guys with questionable pitch.”
In 2020, when live Zoom readings of movies and TV shows were all the rage following the initial pandemic quarantine, members of the cast reunited to do a script reading of Elf to raise money for Georgia Senator Raphael Warnock, which ended up raising more than $400,000.
A report in 2021 revealed that Farrell had originally turned down almost $30 million to star in and produce Elf 2: Buddy Saves Christmas.
