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 / Updated  / Source: TODAY
By Ree Hines

Update: While the Lifetime movie was no joke, it now looks like it may not be happening after all. Producer and co-star Will Ferrell never intended for news about the effort to leak prior to its release. Now that it has, the actor-comedian claims he's no longer interested in going forward with the already-filmed project.

“We are deeply disappointed that our planned top secret project was made public,” Ferrell said in a statement Thursday. “Kristen and I have decided it is in the best interest for everyone to forego the project entirely, and we thank Lifetime and all the people who were ready to help us make this film.”

Kristen Wiig, Will Ferrell
Actress Kristen Wiig attends the 2015 Film Independent Spirit Awards at Santa Monica Beach on February 21, 2015 in Santa Monica, California. Actor Will Ferrell poses for a photo while being honored on the Hollywood Walk Of Fame on March 24, 2015 in Hollywood, California.Getty Images file

When news of an upcoming Lifetime movie starring funny folks like Will Ferrell and Kristen Wiig breaks on April Fools' Day, you can't blame anyone for thinking it's all just a joke. But get ready for some unlikely entertainment, because this is the real deal!

Yes, the network that brought us "Abducted: A Father's Love," "Another Woman's Husband" and "A Boyfriend for Christmas" will soon release "A Deadly Adoption," in which Ferrell and Wiig play a couple desperate for a child of their own.

And, yes, we do mean soon. The Hollywood Reporter first revealed the news Wednesday, including the detail that the stars have already filmed the full two-hour TV movie. It's set to be released as part of the cable network's 25th anniversary of being in the movie business. (The very first Lifetime flick, "Memories of Murder, premiered in July of 1990.)

In the spirit of so many Lifetime movies before it, "A Deadly Adoption" is being billed as a "high-stakes dramatic thriller," but that doesn't mean it will take itself too seriously. Instead, the story is delivered with an air of camp and a nod toward the overly dramatic genre.

According to The Hollywood Reporter, Ferrell, who also serves as an executive producer on the project, is a big fan of Lifetime movies and has long been eager to make one.

This won't be the first time the former "SNL" players have worked together. In addition to their memorable bit as co-presenters at the 2013 Golden Globes, Wiig starred in Ferrell's hit "Anchorman 2" and the two worked side-by-side in the IFC miniseries "The Spoils of Babylon."

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