Sony Pictures is keeping “Ghostbusters” in the family. Jason Reitman, son of Ivan Reitman the Director of “Ghostbusters” and “Ghostbusters II,” will be directing the new installment that is scheduled to release in 2020.

Reitman is a four-time Academy Award nominee, and he confirmed the news on Instagram late Tuesday night. In the social media post Reitman told his followers, “finally got the keys to the car,” standing in front of the iconic Ectomobile from the popular franchise.

As we mentioned earlier, Ivan Reitman directed and produced the original Ghostbusters in 1984, as well as the 1989 sequel. The original film opened at number-one with $13.5M before going on to make over $295M worldwide. The sequel had a $29M opening and made over $215M worldwide, topping the original in opening gross but falling short overall. Sony Pictures released another “Ghostbusters” installment in 2016, this time with a female cast starring Melissa McCarthy, Kristen Wiig, Kate McKinnon, and Leslie Jones. That film had a $46M debut and went on to make over $229M globally.

The Ghostbusters were simply everywhere after their 1984 debut. The popularity of the characters created an animated series that ran from 1986 to 1991, and the original film became an instant classic. The franchise offered toys, video games, clothes, gadgets, and more, in any state you could find a Ghostbusters lunchbox and a Slimer sticker. The Ghostbusters fandom has faded but still remains, and Sony Pictures seems excited to return to the franchise.

While Sony Pictures did confirm that the film is in development, and set to release in 2020, the studio stopped short of supplying any real details. It will be interesting to see who is cast for the central figures, and who from the previous films will be coming back at all. Hopefully, it will be a nice mix of old and new, and we might get another hit song for the credits.