E.T. the Extra-Terrestrial, originally released in 1982, was a huge hit film that garnered widespread acclaim and four Academy Awards. Back in the day, director Steven Spielberg had planned and then abandoned a sequel to the science fiction opus, but it looks like a long-awaited follow-up is finally here:
Actually, as you probably already surmised, this is a parody, but a very creative and clever one, made by Robert Blankenheim a.k.a. Derek Johnson.