Honey, Rick Moranis is coming back to the big screen!

Kids of the '80s and comedy-loving adults, it’s time to rejoice! Rick Moranis is making his highly anticipated return to the big screen in the upcoming sequel to the 1989 hit film Honey, I Shrunk The Kids, proving once and for all that some sequels are as good as the original.

HONEY, IM BACK pic.twitter.com/DU39WIOR6d

— Rick Moranis (@RickMoranis53) February 13, 2020

Deadline confirmed on Wednesday that Disney had closed their deal with Moranis, securing the actor’s return for the newest installment in the franchise, which will reunite Moranis with Honey, I Shrunk The Kids’ director Joe Johnston. Following the success of 1989’s Honey, I Shrunk The Kids, Moranis reprised his role as scientist and loving father and husband Wayne Szalinski in 1992’s Honey, I Blew Up The Kid and 1997’s Honey, We Shrunk Ourselves, which was released direct to video.In Shrunk, the upcoming fourth installment in the cherished series, Moranis will reprise his role as Szalinski and star opposite Josh Gad, who plays Moranis’ adult son. A fellow scientist, Gad’s character follows in his father’s footsteps and accidentally shrinks his own children. Get ready to see shrunken actors climbing over mountains of smartphones and AirPods.

To say it is a dream come true to once again see #RickMoranis on the big screen is the understatement of the decade. But to say, I get an up seat view of him returning to play one of his most iconic roles is the understatement of the Century. Welcome back hero! #Shrunk https://t.co/oZRokBbQQs

— Josh Gad (@joshgad) February 12, 2020

News of Moranis’ upcoming role in Shrunk marks the highly anticipated and long awaited return to the big screen for the beloved actor, writer, director and comedian. The Toronto native got his start in television on the Canadian sketch series SCTV, where he and co-star Dave Thomas created the characters Bob and Doug McKenzie. The pair went on to release the Grammy-nominated comedy album Great White North as the loveable stereotypical Canadian characters and starred in 1983’s Strange Brew, which Moranis and Thomas wrote and directed.[video_embed id='3689351146001']RELATED: Monet masterpiece shrunk down to the size of dust mite[/video_embed]Following the success of the McKenzie brothers, Moranis went on to star in a handful of box office hits in the 1980s, including Ghostbusters, Little Shop of Horrors, Spaceballs, and Parenthood. In the early 1990s, Moranis continued his streak of releasing fan favourite movies with The Flintstones, Little Giants and Big Bully.By the mid-1990s, the death of Moranis’ wife Ann Belsky had pushed the actor to mostly step away from entertainment, deciding instead to focus his time on raising the couple’s two children. Moranis continued to do voice-work, lending his vocals to Brother Bear and Rudolph the Red Nose Reindeer and the Island of Misfit Toys. Moranis frequently returned to his work with Thomas for the McKenzie brothers, appearing in the 2007 special Bob & Doug McKenzie’s Two-Four Anniversary and helping to create and produce the 2009 animated series Bob & Doug (Dave Coulier voiced Moranis’ Bob).Moranis also released two more comedy albums during this time as follow-ups to 1989’s You, Me and the Music. The Grammy-nominated Agoraphobic Cowboy came out in 2005, followed by My Mother’s Brisket & Other Love Songs in 2013.Shrunk is set to be released sometime in 2021, but before that, fans can see Moranis along with his SCTV co-stars in the Martin Scorsese-directed documentary An Afternoon with SCTV, which will premiere on Netflix.[video_embed id='-1']BEFORE YOU GO: Little girl has a meltdown while singing 'Old MacDonald'[/video_embed]