Warner Bros. announced on Tuesday that a prequel film for Roald Dahl's "Charlie and the Chocolate Factory" will hit theaters in 2023.

After getting the rights to Willy Wonka back in 2016, rumors of a new movie in the works began to surface. However, it wasn't until this week that these rumors became reality.

Signed onto the project is "Paddington" director Paul King, producer David Heyman (known for producing the Harry Potter series), and screenwriter Simon Rich who will write the script.

While there is no official casting yet, Collider reported that Warner Bros is eyeing either Tom Holland or Timothée Chalamet for the role of Willy Wonka. The movie has a premier date of March 17, 2023, and is setting out to begin filming either late summer or early fall.

Roald Dahl first released his children's novel Charlie and the Chocolate Factory in 1964. It was adapted onto screen just a few years later, with Gene Wilder starring as Willy Wonka. The film was reimagined in 2005 with Charlie and the Chocolate Factory, which starred Johnny Depp and featured music by Danny Elfman.

With the long history of Willy Wonka's Chocolate Factory, all eyes are on Warner Bros. for the making of this prequel.

As of present, Warner Bros. has announced a jam-packed 2021 season with many other projects coming to theaters and streaming on HBO Max. Read more here.