Reuters reports that Warner Bros. is looking to put a modern twist on "The NeverEnding Story," a fantasy film that was released in 1984. Frank Marshall and Kathleen Kennedy will co-produce along with Leonardo DiCaprio's Appian Way.

The studio is looking is looking to revive the 25 year old franchise that was based on a book by Michael Ende. The story told of a boy named Bastian Balthazar Bux who discovers a parallel world in a book titled The NeverEnding Story. The boy delves deeper into the book, he increasingly finds his life intertwined with the plot of the novel, in which a hero in the land of Fantasia must save the universe on behalf of an empress.

The new movie will put a modern spin on the material by examining the more nuanced details of the book that were glossed over in the first feature.

Wolfgang Petersen directed the 1984 film. There was a second movie released in 1990, followed by a third film in 1996 but the third one quickly went straight to video.