Dumb & Dumber’s Lloyd (Jim Carrey) said it best: “We got no food, no jobs … our pets’ heads are falling off!” And now it seems as if the on-screen troubles for the dumb duo will continue off screen as Warner Bros. has opted not to move forward on the sequel, Dumb and Dumber To. The sequel to the Bobby and Peter Farrelly’s 1994 hit comedy original still has a chance, however. The Farrellys are expected to shop the project around at other studios now that the Warners have lost interest. Hit the jump for more.
[Update: Deadline reports Red Granite is in "first position" to finance the sequel and take on the foreign distribution rights. The report counts five studios eying the domestic rights, including Universal.]
Word from THR still gives Dumb and Dumber To a chance, which is great considering Carrey and co-star Jeff Daniels have agreed to reunite for the sequel. The picture centers on the pair once again hitting the road in order to find Harry’s (Daniels) illegitimate daughter for a kidney transplant. The Farrellys will also return to the directors’ chair(s).
The report cites sources claiming that WB wasn’t high on the potential return on the film, still stinging from the disappointment of The Incredible Burt Wonderstone, a comedy with a similar budget to the Dumb & Dumber sequel. Warner Bros.’ New Line will still get a licensing fee and a cut of the profits if the Farrellys manage to secure financing and distribution.