No it is real. The movie was not released due to some legal issues. Did not know the cast expanded up to include Michael Fassbender & Arnold Schwarzenegger!!!

It was a crowdfunded youtube only movie at that time. This was not a hollywood movie. But it gained so much interest and traction that it many people wanted to be a part of it. They even have Comic Con panel.

https://www.kickstarter.com/projects/kungfury/kung-fury



The was news that second movie was being made. But its status was always in production. Then all is forgotten until few days ago. Someone leaked Trailer and parts of the movie.

The movie is interesting and entertaining is a weird way. It has so much references to 1980-1990s Pop culture. They even convinced David Hasselhoff to record a track and a made cameo in it. The movie had 40 million views as of today.

Thats why it is funny! Got so many things in the 1st movie that is crazy and stupid but its somehow entertaining in a weird way.