February 25, 2013 at 08:24 AM EST

Last year, Jimmy Kimmel presented a trailer for “the greatest motion picture ever not made.” The star-packed spoof, “Movie: The Movie” went on to become a web hit. So, as Kimmel said on his post-Oscar special last night, “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.”

Below is the trailer for Movie: The Movie: V2, which is just as celebrity heavy as you might expect. Jessica Chastain, Kerry Washington, Bradley Cooper, Jude Law, Gerard Butler, and many more appear. But the MVPs of this spot? Bryan Cranston, who plays an armless piano-playing savant; John Krasinski, who dresses up like a shrimp; Oprah Winfrey, who is president; Bruno Mars, who becomes a zombie; and Channing Tatum, who shoots light from his crotch. We’re not entirely sure the latter is a special effect.

More Oscar coverage:

What did you think of Seth MacFarlane as Oscars host?

Jennifer Lawrence falls on her way to accept Best Actress Oscar — VIDEO

Jennifer Lawrence, George Clooney & more share their Oscar memories — VIDEO

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