There’s no better place than the Oscars to see all your favorite movie stars assembled in one place, but the trailer for Jimmy Kimmel‘s Movie: The Movie V2 might be a close second.

In his post-Oscars show last year, Kimmel debuted an epic, star-studded 9-minute trailer poking fun at every obnoxious movie trope under the sun. This year, he’s back with an even more epic, even more star-studded trailer for Movie: The Movie V2. Because as Kimmel quips, “When you have a big success in Hollywood, there’s only one reasonable thing you can do, and that is cheapen it with a sequel.”

Watch Movie: The Movie V2 after the jump, followed by Kimmel’s other big movie parody, Life of Psy. Yup, that’s exactly what it sounds like.

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