We found out back in 2011 that the Peter Farrelly and Bobby Farrelly were planning a sequel to their hit 1994 comedy Dumb and Dumber with original stars Jim Carrey and Jeff Daniels, which was later confirmed by the Farrellys. Since then the project has had ups and downs, from Carrey departing the project to Daniels saying it would begin production this summer to Warner Brothers deciding they would not be greenlighting the sequel.

With all of that now in the past, the Farrelly brothers look to the future. After WB decided they didn’t want to make the movie, it was time to begin shopping it around to other studios who might be interested, and at least one of them was just that. Taking to the Twitter, the Farrellys have announced that the sequel, officially titled Dumb and Dumber To, will go into production with Universal Pictures and Red Granite Pictures.

Peter and Bobby Farrelly‘s Dumb and Dumber To nearly fell apart after Jim Carrey reportedly walked out after he felt that Warner Brothers was less than enthusiastic about the seuqel. A few months after, Jeff Daniels quelled some fears saying that Carrey wants to be back, and that production for the long-gestating sequel would begin soon. But that’s history.

The Hollywood Reporter has word now that the studio is dropping the project from its distribution slate, which means that competing distributors are now able to buy the rights for the film.

When the distant future collides with a future not too far from now, many things could happen. That idea hits home when Rian Johnson‘s time traveling thriller Looper hits theaters later this year. We’ve seen a couple of trailers before, and we got another trailer that focuses on the action of the film and the profitability of being a looper.

In the trailer Joseph Gordon-Levitt‘s character explains how a criminal organization takes advantage of the illegal practice of time travel. By making use of time travel, this organization is able to send their targets back in time where agents called loopers are there to shoot, kill, and dispose. We also get to see how much these loopers earn for their kills and what they use their blood money for. Let’s just say, they are living the high life. Things go swimmingly for Gordon-Levitt’s character, until his next target is revealed to be his future-self. For obvious reasons, this situation makes it a lot harder to kill the target and understand why you must kill it.

Despite what Jim Carrey has said about not being a part of the Dumb and Dumber sequel because of Warner Bros. lack of interest in getting the film into production. But during the Television Critics Association (TCA) panel for The Newsroom, Jeff Daniels said some interesting things that seem to contradict what Carrey has said in the past.

Here’s the exact quote:

Earlier this week, the international trailer for Rian Johnson‘s Looper appeared online, and although it gave us a more in depth story, it did have very spoilerish moments.

Now comes the domestic trailer for the film, and while it also expands on the story, the trailer gives away too much too soon.

Check it out below and judge for yourself to see if the new Looper trailer is too spoilery.