Sad news for comedy fans. The long awaited sequel to 2001's Zoolander isn't happening any time soon. That's according to actor, director and creator of the first film Ben Stiller.

Ben Stiller gave a much-needed update on Zoolander 2 at the Taormina Festival in Sicily. He was there to host one of the Master Class events at Taormina's PalaCongressi and also received career honors on Thursday evening at the 2,700-year-old Teatro Antico.

THR caught up with the comedian at his Master Class, were Derek Zoolander himself relayed the bad news.

"The film's been discussed and in some way in the works for 10 years. But there are no plans to start production any time soon."

We last heard about the project all the way back in October of 2011, when Owen Wilson gave an update on his character, rival model turned friend Hansel.

"Hansel, he's fallen on hard times. There's been a disfiguring injury. Think Vanilla Sky. The thing about Hansel is he can't ever imagine himself -- so even if he isn't the #1 guy, I think he still carries himself as if. He'll still have that Hansel swagger."

Of course, the screenplay could have gone through any number of rewrites in the two years since this was last reported. A couple of months before this, in March of 2011, Ben Stiller claimed the comedy sequel was already shooting.

"We're filming the Zoolander 2 sequel at the moment. Derek's going to be back bigger and better than before - no catwalk is safe! It's ten years later and most of it is set in Europe. I don't want to give away too much, but it's basically Derek and Hansel ten years later."

Justin Theroux, who is still attached to direct as far as we know, later denied that the sequel was shooting while doing press for his 2011 comedy Your Highness. It's not exactly clear what happened with the movie around that time.

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It's quite possible that filming began and those involved were not happy with the results, and the movie was halted until a later date. There is nothing that confirms that may have happened. That actually did happen to the Revenge of the Nerds remake way back in 2006, which halted filming and never resumed.

B. Alan Orange at Movieweb
B. Alan Orange