Meryl Streep says 20th Century Studios did not hold back on the budget of The Devil Wears Prada 2: 'They spent...'

Oscar-winning actress Meryl Streep returns as Miranda Priestly after 20 years with The Devil Wears Prada 2. The 20th Century Studios film is set to release this summer. Ahead of its release, Streep opened up about the budgets allocated to ‘chick-flicks’. She credited the success of films such as Barbie and Mamma Mia for a boast in budget. Streep also added that 20th Century Studios ‘spent money’ on The Devil Wears Prada 2.

“20 years ago, it was categorised as a chick-flick and that designation has kind of not worn well. After Barbie and Mamma Mia, to throw that in, and other films that completely catch the studios by surprise that people want to see them. Because they have women in the centre of the story. So, they were not… We had to scramble for our budget and that was true. I think I’ve talked to Greta [Gerwig] about it, that was true with Barbie a little bit, in comparison to what they spend on other films. This one, honey, they spent the money," Meryl Streep said on The Late Show.

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Twenty years after making their iconic turns as Miranda, Andy, Emily and Nigel—Meryl Streep, Anne Hathaway, Emily Blunt and Stanley Tucci return to the fashionable streets of New York City and the sleek offices of Runway magazine in the eagerly awaited sequel to the 2006 phenomenon that defined a generation.

The film reunites the original main cast with director David Frankel and writer Aline Brosh McKenna, and introduces an all-new runway of characters including Kenneth Branagh, Simone Ashley, Justin Theroux, Lucy Liu, Patrick Brammall, Caleb Hearon, Helen J. Shen, and B.J. Novak. Tracie Thoms and Tibor Feldman also reprise their roles as “Lily” and “Irv” from the first film.

20th Century Studios will release The Devil Wears Prada 2 in cinemas on 1st May 2026.