No, it’s not a sequel to Red Notice (also starring Dwayne Johnson) it’s a 250 million dollar budget Christmas movie about Santa Claus being kidnapped which is the perfect film for its target audience of… somebody. Not entirely sure who this movie is for or why is costs so much to make, but one thing is for sure… it exists. So check out the pitch meeting that led to Red One, to find out how it all came together! (thetvdb.com)