Break out the frobscottle and snozzcumbers! Steven Spielberg has picked The BFG as his next big movie project. The Oscar-winning Lincoln director will adapt Roald Dahl's much-loved children's fantasy tale of giants and dreams into a live action epic, confirms THR.

Steven Spielberg
Steven Spielberg Is To Direct A New Adaptation Of 'The BFG.'

Children and adults of all ages will fondly remember the thrilling and rather dark tale that was first adapted to film by Brian Cosgrove in 1989 in a surreal animation. Sir David Jason memorably voiced the "Big Friendly Giant" who snatches little Sophie from her orphanage in the dead of night and takes her back to his home.

Though Sophie (Amanda Root) is initially scared by the giant, she soon learns that he is a force of good in a world of terrifying, cannibalistic giants. She is invited into his world and learns how sleeping children receive happy dreams and how giants like The BFG like to let their hair down on special occasions.

Sir David Jason
David Jason Memorably Starred In The 1989 Animated Movie.

DreamWorks acquired the book in 2011 with Kathleen Kennedy and Frank Marshall to produce. Spielberg is the latest of various directors to have been attached to the project over the years, including John Madden and Chris Columbus. Having courted ideas for several movies over the past year, Spielberg is officially committing himself to making the magical children's movie and apparently plans to start filming in 2015.

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He has added his name to several new projects in the past month, including an adaptation of David Kertzer's The Kidnapping of Edgardo Mortara and a mysterious untitled Cold War project written by Matt Charman and set to star Tom Hanks. The new titles join a list of Spielberg's other projects, including sci-fi Robopocalypse, which seems to have all but collapsed in its early stages, and Montezuma, which will tell the tale of Spanish conquistador Hernan Cortes and the famous Aztec ruler.

The BFG is scheduled for release in 2016.

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