Video: Zoolander 2 Officially Announced at Paris Fashion Week

Watch Derek Zoolander (Ben Stiller) and his supermodel rival Hansel (Owen Wilson) walk the Valentino runway at Paris Fashion Week as Paramount's official announcement for Zoolander 2. Check out the video below.

Paramount released a statement saying that the film will hit theaters on Feb. 12, 2016. Stiller and Wilson will be joined by Penélope Cruz and Christine Taylor, who will reprise her role as journalist Matilda Jeffries. Ben Stiller will direct the sequel from a script by Justin Theroux. 'Zoolander 2' will begin filming in Rome in February.

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