Will Ferrell and Bad Bunny team up on 'extraordinary' new animated film

Will Ferrell and Bad Bunny team up on 'extraordinary' new animated film

Will Ferrell and Bad Bunny are teaming up on new animated film 'Dropz'.

The 56-year-old Hollywood star and Grammy Award winning musician, 30, are both involved in a new project for Paramount Animation, which is currently under development.

As reported by Variety, studio president Ramsey Naito revealed the film is being produced by Ferrell, with Bad Bunny serving as an executive producer.

She described the animated movie as "our E.T. about real kids in a super extraordinary situation".

Rob Letterman - known for his work on the likes of 'Shark Tale', 'Monsters vs Aliens' and 'Pokemon Detective Pikachu' - is directing and co-writing the script with playwright Ike Holter.

Naito revealed the story is "infused with fashion", and will serve as a "cultural statement" for both kids and families.

The Paramount Animation and Nickelodeon Animation chief also revealed other original films, including an adaptation of 'Swan Lake', and sci-fi comedy 'Muttnik' following a puppy turned "Han Solo-type space bandit", who returns to the family who abandoned him on Earth.

The latter is being produced by Ron Howard, Brian Grazer and Zareh Nalbandian, with Mike LeSier, Chris Yost and Michael McCullers penning the script.

Naito said: "We have an incredible slate coming out of franchise titles, and that has also allowed us to develop an original slate that’s really exciting.”

Another project in development is 'Once Upon A Motorcycle Dude', which she described as a "fairytale disrupter" following a princess teaming up with a post-apocalyptic biker to save their kingdom.

Original movie 'Yokai Samba' has also been unveiled, alongside other projects for already-established franchises, including 'Transformers One', 'The Smurfs Movie', 'The SpongeBob Movie: Search For SquarePants', 'Paw Patrol 3' and 'Teenage Mutant Ninja Turtles 2'.

Naito added: "We want to make movies that reach kids and families everywhere that have a real relatability, that feel broad and diverse.”