Scary Movie Is Back! The Wayans Brothers Announce Their Return to Horror-Spoof Franchise

The Scary Movie franchise lives on!

Marlon Wayans revealed on social media Tuesday, Oct. 29, that he and brothers Shawn and Keenen Ivory Wayans are returning to the horror-spoof franchise for the first time since Scary Movie 2.

"Last week i said i had a HUGE ANNOUNCEMENT to make well here it is ... " Marlon, 52, began in an Instagram caption, which he presented alongside a photo with the "Ghostface" killer.

"WE’RE BACK!!!" he continued. "After nearly 20 years, the Wayans brothers are finally going to give the fans what they’ve been asking for ... a return to the SCARY MOVIE franchise!"

"We’re looking forward to having fun on the big screen again," Marlon concluded.

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According to Deadline, the Wayans brothers are teaming with Rick Alvarez to co-write the script for the new movie, which will aim for a theatrical release after filming next year.

The last time the Wayans brothers were involved in a Scary Movie film was in the 2001 sequel, though the franchise spawned three more films that concluded with 2013's Scary Movie 5.

Keenen, 66, directed the first two films, while Marlon and Shawn, 53, costarred. The brothers were also among the writing team on the original Scary Movie (2000) and its first sequel.

“We couldn’t be more excited to be a part of the new Scary Movie and work with each other again," they told Deadline. "This is a franchise we created more than 20 years ago. We remember people laughing in the aisles and hope to see that happen again."

"We look forward to working with Jonathan Glickman and his team at the new Miramax to bring these laughs to theaters, where they belong. It’s a double reunion," the siblings added.

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Anna Faris and Regina Hall were breakout stars from the first Scary Movie, which poked fun at popular slashers like Scream plus The Blair Witch Project, The Sixth Sense and more. Paramount announced in April that it was developing a reboot for the series.

Faris, 47, last showed up as the spoof franchise's ditzy-but-well-meaning Cindy Campbell in 2006's Scary Movie 4. And she admitted to PEOPLE with a laugh in July that it would take "money" for her to show up in another installment in the franchise.

The actress added that she "would love to reprise" her role if it meant costar Hall, 53 — who played her character's best friend, Brenda — would also return.

"I would love to work with Regina again. I just love her so much," said Faris. "We would make each other giggle all day long. Regina Hall would be my answer. And money. But mostly all Regina!"