Mike Fleming, Jr., Deadline:

Scott Derrickson, who passed on reprising as director on Dr. Strange 2 over creative differences, has found a new fantasy franchise to take on. He has been set by TriStar Pictures to direct the sequel to Jim Henson’s Labyrinth. Maggie Levin, who wrote and directed Into the Dark, and My Valentine for Hulu, will write the script.

I’m really quite very unsure and anxious about Labyrinth being revisited, but given how goddamned good the Netflix Dark Crystal series was, I think the chances of this turning out good are higher than you’d expect.

Fingers and toes crossed, gang.