Get ready for a return to the bohemian glamour of Paris, as Netflix officially announces Moulin Rouge! 2: The Show Must Go On (2025), the highly anticipated sequel to Baz Luhrmann’s iconic 2001 musical. Starring Ewan McGregor reprising his role as Christian, this film will bring a new generation of love, heartbreak, and dazzling performances back to the Moulin Rouge.

Plot & Cast Details
Years after the tragic loss of Satine, Christian (Ewan McGregor) is now a celebrated playwright, but his past continues to haunt him. When he returns to Moulin Rouge, now under new ownership, he finds Colette (Zendaya or Anya Taylor-Joy), a rising cabaret star with a hidden past. As their lives intertwine through music and passion, Christian must face his lost love, rekindle his artistic soul, and decide if he can open his heart again.
Joining the cast are:
- Zendaya (or Anya Taylor-Joy) as Colette – A bold and talented new star at the Moulin Rouge.
- Timothée Chalamet (or Austin Butler) as Étienne – A rebellious poet and musician who competes for Colette’s love.
- Cate Blanchett as Madame Lillian – The powerful new owner of the Moulin Rouge, determined to modernize it.
- Rami Malek as Jacques, the Composer – A genius musician torn between old and new traditions.

Production & Budget
With an estimated budget of $150–170 million, Moulin Rouge! 2 is set to capture the grandeur of 19th-century Paris while infusing it with modern musical reinterpretations. Filming is taking place in Paris, London, and soundstages in Australia, using Canon Cinema Lenses for stunning, immersive visuals.
Trailer & Release Date
Netflix is set to drop the first trailer by mid-2025, with the film premiering in December 2025, just in time for awards season. With a proven fan base and fresh talent, the film is expected to dominate streaming charts worldwide.