Tim Allen Peter Billingsley Scott Calvin Red Ryder New York Hungary stars Hbo Max and Tim Allen Peter Billingsley Scott Calvin Red Ryder New York Hungary

'A Christmas Story' Sequel Is a Go at HBO Max With Peter Billingsley Starring and Producing

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, production's set to begin in February in Hungary., released in 1983, was set in the 1940s, with Ralphie on a mission to get his hands on a Red Ryder BB rifle.

Billingsley was only 12 when premiered in theaters. He's now 50, and a successful Hollywood producer. He also produced the Broadway musical, which earned three Tony Award nominations.

Along with Vaughn and their production company, Billingsley also produced,, and .Peter Billingsley poses for a photo outside at NASDAQ MarketSite on December 13, 2013 in New York City.For fans of Christmas classics, it's been one incredible month so far.

Just last week, Disney+ announced Tim Allen will reprise his iconic role as Scott Calvin from for a new Disney+ Original limited series.

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