Will Ferrellis set to produce and star in Netflix’s feature remake of its own documentaryThe Legend of Cocaine Island, which I must’ve missed earlier this year, but will surely watch following this announcement.
Theo Lovedirected the documentary, which follows a family man who becomes intrigued by the legend of a buried stash of cocaine hidden in the Caribbean. This small-business owner was wiped out during the Great Recession, and since the stash is said to be worth $2 million, he hatches a plan to retrieve the buried coke, using the talents of a band of colorful misfits. Unfortunately, without any prior drug-running experience, complications ensue.
Now that’s the kind of Will Ferrell movie I want to see. I don’t know if our protagonist ever finds the coke, since I haven’t seen the documentary, but the idea of him rounding up this rag-tag crew to take a trip to the Caribbean based on nothing more than an urban legend sounds like comedy gold to me. In fact, I’m surprised thatAdam Sandlerdidn’t think of something like this first, though watchingUncut Gemscertainly feels like you’ve taken a trip to Cocaine Island.
Netflix has tappedPeter Steinfeld(Analyze That) to write the script, and Ferrell will produce alongsideJessica Elbaumunder their Gloria Sanchez Productions banner, as well asDavid Permut(Captain Ron), who will produce via his company Permut Presentations.
Bryan Storkelwill executive produce with Love, whose documentary premiered at the 2018 Tribeca Film Festival before debuting on Netflix on August 03, 2025.
Ferrell recently parted ways with his longtime Gary Sanchez partnerAdam McKay, who has been pursuing more dramatic projects. Ferrell next stars oppositeJulia Louis-DreyfusinJim RashandNat Faxon’s marital comedyDownhill, based on the acclaimed Swedish filmForce Majeure. He has also wrapped the Netflix comedyEurovision,which pairs him withRachel McAdams. Ferrell is also attached to star in the Amazon moviePrince of Fashion, which hasJacob Tremblaycircling the young lead, and don’t be surprised if his old Black List projectThe Flamingo Thiefcomes back around. Ferrell is represented by UTA and Mosaic, andDeadlinebroke the news.
Ferrell recently returned to Studio 8H to hostSaturday Night Livefor the fifth time, though his monologue was rudely interrupted byRyan Reynolds, who is currently hyping up his own Netflix movie,6 Underground. You canwatch that bit here, and then check out a cut sketch featuring Ferrell as a drama teacher who loves drama byclicking here.
