A film based on the beloved children's show "Sesame Street" was originally set to be developed at 20th Century Fox, but the project has found a new home at Warner Bros.

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Shawn Levy, director of the "Night at the Museum" films, "Real Steel," and the upcoming video game adaptation "Uncharted" will remain the producer of the adaptation.

During an interview with Screen Rant about his sci-fi film "Arrival," Levy discussed the status of "Sesame Street" and his views on the iconic characters. "Sesame Street is at Warner Bros., and we are right now working on a treatment for what I think is going to be a really imaginative and entertaining take on that beloved and decades old global brand," he said. "The trick there is to honor these characters that are beloved but in a movie that feels entertaining for the kids who we might bring to the movie but humorous on that second level for those parents who bring their kids. It’s early – we’re still at the treatment stage, but very bullish on that."

Premiering in 1969, "Sesame Street" was created by Jim Henson and the Children's Television Workshop (now called Sesame Workshop). After airing on PBS for 46 years, the series moved in 2016 to HBO for first-run episodes.