Producer Lorenzo di Bonaventura has nabbed the rights to book series The Secrets Of The Immortal Nicholas Flamel.
Given that he's the man who helped launch the Harry Potter franchise, it's not surprising that the producer would want to try and find another, similar set of tomes to adapt.
And Michael Scott's planned six-part series would seem to be the perfect case. The novels follow 15-year-old twins Sophie and Josh as they travel across several continents with the titular alchemist.
The series' Potter-like potential was spotted by New Line three years ago, where it was set up as a possible franchise. But since the company has floundered and folded back into Warners, the rights became available.
So far, three books - The Alchemyst, The Magician and The Sorceress have been published with The Necromancer out next May.
Given that he's got a deal with Paramount, di Bonaventura will likely offer any potential film there first, since he's already brought them success with the likes of Transformers and GI Joe.
Will we finally see another franchise (besides Twilight, that is) to rival Harry's game? Will this beat out Percy Jackson? Stay tuned…
Have you read the books? Will they make good movies?