"She never said that she didn't want to do it," McLendon-Covey pointed out to E!. "All she said was that she's not working on it right this minute because someone gave her the opportunity to write and direct her own film so, duh, she's going to do that first. So no. I think all she's waiting for is for her and Annie [Mumolo] to come up with an idea that's equally as good."
We presume the film Wiig might be writing and directing is "Clown Girl," an adaptation of the cult novel by Monica Drake that she optioned herself a while ago to turn into a movie. The story follows Nita, a clown struggling to make ends meet and putting the man of her dreams (appropriately named Rex Galore) through clown college. Definitely sounds like some Wiig-esque material, and it seems the "Bridesmaids" success has afforded her an opportunity to take it on, or at least some kind of project she can make her first directorial mark on.
So Universal will wait. Or not. But without Wiig and McCarthy, the endeavor would be sort of pointless, so expect the studio to wait it out until the former is good and ready to return. Meanwhile, McLendon-Covey herself has ridden the wave of the hit comedy, scoring roles in the upcoming "What To Expect When You're Expecting" and "Magic Mike."