I read that the director of The Hangover waived his fee in order to keep the film rights, he said this was going to be his Star Wars (and if you don’t know what that means, George Lucas asked for all the rights to the Star Wars franchise and they let him have it). Anyway, I heard mixed reviews of this movie and decided to watch it myself and thought it was one of the funniest movies in a long time. I don’t think I laughed as hard at a movie since Grandma’s Boy.

Anyway, it looks as if they are going ahead with a sequel. I just hope they aren’t rushing it or anything. It better live up to the first one. Sequels to comedies are the most difficult thing.

From darkhorizons.com:

“The Hangover” Sequel Ready To Go

By Garth Franklin Wednesday March 31st 2010 11:25AM

After months of negotiations, things look ready for “The Hangover” sequel to head into production over at Warner Bros. Pictures and Legendary Pictures says Deadline Hollywood.

The original film’s three key stars Zach Galifianakis, Bradley Cooper and Ed Helms are each set to be paid around $5 million against 4% of first dollar gross. Director/producer Todd Phillips will also be paid around $10 million against 10% along with bonuses should the sequel prove as popular as the original.

The salary jump is huge, the three stars earned less than $1 million combined for their roles in the original which has become the biggest grossing R-rated comedy in history. Because the studios didn’t think the raunchy comedy would turn out to be a hit let alone such a major one, they didn’t have sequel option deals in place with the stars.

This allowed for some tough and drawn out negotiating which dragged on for several months. Now it seems, everything is in place, with an October start of shooting being targeted depending upon Ed Helms’ “The Office” production schedule.

The fourth and mostly missing cast member Justin Bartha is also set to return, and the studio is already targeting a Memorial Day 2011 release.