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Steven Spielberg Just Revealed a Sequel to E.T. Really Almost Happened · Direct From Hollywood with Ryan Seacrest

• 0:00
  Speaker 1: Strict from Hollywood with Ryan Seacrest.
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  Speaker 2: It's been long rumored that Steven Spielberg almost made a
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  Speaker 2: sequel to his nineteen eighty two kids sci fi adventure ET,
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  Speaker 2: about the bond between a boy and a marooned alien,
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  Speaker 2: and in a recent chat with one of the film stars,
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  Speaker 2: Drew Barrymore at the TCM Classic Film Festival, he revealed
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  Speaker 2: it really almost happened, even though he was against it.
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  Speaker 2: He says that was a really hard fought victory because
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  Speaker 2: I didn't have any rights to prevent a sequel before
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  Speaker 2: I made ET.
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  Speaker 1: I had some rights, but not a lot of rights.
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  Speaker 2: I didn't have what we called the freeze, where you
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  Speaker 2: stop a studio from making a sequel because you controlled
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  Speaker 2: the sequels, remakes and other uses of the IP I
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  Speaker 2: didn't have that. Actually got it after ET in future
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  Speaker 2: contracts because of ET's success.
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  Speaker 1: But I just did not want to make a sequel.
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  Speaker 2: Steven Spielberg there, who adds that he did toss around
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  Speaker 2: film ideas and almost went with a story about ET
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  Speaker 2: going back to his home planet, but opted against it
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  Speaker 2: and somehow managed to convince the studio to follow suit,
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  Speaker 2: which is even more remarkable given it success. Et was
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  Speaker 2: the most profitable film in Box's office history for eleven years,
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  Speaker 2: until another Spielberg creation, Jurassic Park, knocked it from the
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  Speaker 2: top spot.
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  Speaker 1: That's direct from Hollywood