In the almost words of J.K. Rowling's Minister for Magic Cornelius Fudge: She's Back.
That's right, best-selling author Rowling has expanded a creative partnership with Warner Bros. Entertainment to release a new spin-off film series inspired by the world of Harry Potter.
Based on the Hogwarts textbook, Fantastic Beasts and Where to Find Them, the film of the same name will be an original story marking the author's screenwriting debut.
Set in the wizarding world, the story will feature magical creatures and characters as recorded by the book's fictitious author, Newt Scamander.
The fictitious title appeared in Potter's first adventure, Harry Potter and the Philosopher's Stone.
Fantastic Beasts and where to Find Them is planned as the first picture in a new film series.
"Although it will be set in the worldwide community of witches and wizards where I was so happy for 17 years, Fantastic Beasts and Where to Find Them is nether a prequel nor a sequel to the Harry Potter series, but an extension of the wizarding world," said Rowling.
"The laws and customs of the hidden magical society will be familiar to anyone who has read the Harry Potter books or seen the films, but Newt's story will start in New York, 70 years before Harry's gets underway."
Kevin Tsujihara, CEO, Warner Bros. Entertainment, said: "We are incredibly honoured that Jo has chosen to partner with Warner Bros. on this exciting new exploration of the world of wizardry which has been tremendously successful across all of our businesses.
"She is an extraordinary writer, who ignited a reading revolution around the world, which then became an unprecedented film phenomenon.
"We know that audiences will be as excited as we are to see what her brilliant and boundless imagination conjures up for us."
In addition to the film series, “Fantastic Beasts” will also be developed across the Studio’s video game, consumer products and digital initiatives businesses, including enhanced links with Pottermore.com, Rowling’s digital online experience built around the Harry Potter stories.