The sequel to “Winnie the Pooh: Blood and Honey” will have a bigger budget

Director Rhys Frake-Waterfield also talked about his upcoming horror project, “Bambi: The Reckoning.”

When the world finally got to see “Winnie the Pooh: Blood and Honey” on Wednesday night, the response to the viral horror parody was mixed. But with a budget of less than $50,000 and a worldwide gross of over $1 million, this film will be overwhelmingly profitable. Of course, the sequel is already in the works.

In an interview Entertainment Weekly, “Blood and Honey” writer-director Rhys Frake-Waterfield has promised that the previously announced sequel to the film will devote significantly more resources to it. That money would allow the production team to explore more aspects of the “Pooh” universe — including Tigger, who was undisclosed at the time the film was shot but apparently built into future plans.

“The second issue is already in development,” said Frake-Waterfield. “I’m hoping it will be at least five times the budget of the first one, but it could be significantly more than that, which would do absolute wonders for the film. This is one of the biggest challenges. It competes with movies like “M3GAN” (and) they make orders of magnitude more. If you have more money for a movie, you get more time, cooler scenes, you can really spend more time refining things. So I’m really excited to see what the second movie is going to do.”

While the second “Blood and Honey” film is a highlight for Frake-Waterfield, it’s just one brick in the foundation of the Disney-inspired horror empire she’s trying to build. He previously announced a remake of the horror film “Bambi” and is also developing a “Peter Pan” horror film.

“Yes, Bambi is coming, he said. “‘Bambi.’ ‘Pooh 2.’ , that doesn’t necessarily mean I’m in control of them. I might just participate and produce and move them around, but there might be another idea that I think could work incredibly well and I think I could bring a lot to this project and the concept. So I might be drawn to one of them. I’m still in the process of thinking about it right now.”

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