During Warner Bros. Discovery’s latest earnings briefing, CEO David Zaslav announced that a new Lord of the Rings movie is now in development. It’s in the script phase, the executive said. WBD first announced its plans to make more Lord of the Rings movies back in 2023.

In news that may please fans of the series, Peter Jackson, Fran Walsh, and Philippa Boyens–the architects of the Oscar-winning original trilogy–are involved in the new movie as producers. Details remain scant on the story, but Zaslav said it will tell a tale focused on Gollum within the Lord of the Rings universe.

A press release revealed that the working title for the film is Lord of the Rings: The Hunt for Gollum. Andy Serkis, who famously played Gollum in Jackson’s trilogy, is coming back to play Gollum again and direct the film, according to Variety. Previously, Serkis said he would jump at the chance to come back and play Gollum again, and now that is coming true.