Original Japanese studio will make its first new Godzilla movie in 12 years

Godzilla 1954

Godzilla fans rejoice: A new film starring the big green guy is on the way from his original home -- Toho Studios.

According to the Hollywood Reporter, Toho has announced that it will make its first all-new Godzilla movie since 2004's Godzilla: Final Wars. A Toho rep said, "This is very good timing after the success of the American version this year: if not now, then when? The licensing contract we have with Legendary (the company behind this year's American Godzilla) places no restrictions on us making domestic versions."

The new movie, which does not yet have a title, director or pretty much anything else in place yet, will be the 29th in the official franchise started by Toho in 1954 with the original Gojira (the series holds the Guinness world record as the longest-running in worldwide film history).

The first American attempt at a Godzilla movie, directed in 1998 by Roland Emmerich, was a flop at the box office and a disaster with fans due to a weak cast, a silly script and taking too many liberties with the monster's appearance.

But the version released last May, directed by Gareth Edwards, was a more serious and respectful affair that featured a much more traditional Godzilla. It wasn't a total blockbuster at the box office, but it earned more than $500 million worldwide. That was enough for Legendary Pictures to greenlight a sequel, and also apparently enough for Toho to get back in the kaiju game after more than a decade away.

Toho will release its new Godzilla movie in 2016 but would not say whether it will be the launching pad for a new series, while Edwards will direct the American sequel for 2018 release after he finishes that little indie project he's working on.

Are you excited at the prospect of a brand-new Godzilla film from the studio where it all started?

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