"ET: The Extra-Terrestrial" hit theaters during the busiest summer for movies, but still grossed almost $800 million worldwide. A treatment for a sequel, called "ET: Nocturnal Fears," was quickly thrown together, but it was so dark that producers had to pass on it.
Speaking to the American Film Institute, Steven Spielberg explained why "ET 2" never happened. "Sequels can be very dangerous because they compromise your truth as an artist," he said. "I think a sequel to 'ET' would do nothing but rob the original of its virginity. People only remember the latest episode, while the pilot tarnishes."
In the follow-up a second spaceship lands, but the aliens onboard are evil. They're searching for a stranded extraterrestrial named Zrek (aka ET), who is sending a call for "Help." The evil creatures are carnivorous and are an albino fraction (mutation) of the same civilization ET belongs to. The two separate groups have been at war for decades. Later in the script, Elliot and his friends are kidnapped and violently interrogated by Korel (the alien commander), demanding to know the whereabouts of Zrek. Thankfully, ET is aware of the attack and arrives to save the day.
Spielberg added that it will take a lot for him to direct an "ET" sequel. "I'm waiting for a dream project, but it will not be 'ET 2,'" he said. "Because I can't imagine ever making another one, unless I wake up one morning with a master thought."
Source: http://www.hollywood.com/news/ET_30th_A ... e/30437623

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