And this looks a blinkin' hoot:
Basically, it's a remake of "Rocky" w/ a squid in the Sly Stallone role. And, yep, the big red evil squid in the background is the bad guy (Boooo! Hissss! Gerrrofff!)
All together now: Awwwwwww....
Will he win the championship and get the girl? Dunno about you, but I'm rooting for the little fella already.