Miramax and Broad Green Pictures announced today that Billy Bob Thornton will reprise his signature role as Willie Soke in 'Bad Santa 2'. The sequel is a follow-up to the raucous comedy hit Bad Santa released back in 2003. Geyer Kosinski is set to produce. Miramax will partner with Broad Green Pictures to co-finance and co-produce. 'Bad Santa 2' is set to hit theaters during the 2016 holiday season.