It's not a rumor! Tyra Banks has made Disney fans' dreams come true by confirming that there is, in fact, a Life-Size sequel in the works.
The original film came out in 2000 and starred a tween-aged Lindsay Lohan as Casey Stuart, a heartbroken little girl who, grieving the recent death of her mother, tried to bring her back with a spell. Instead, she accidentally brings her Barbie doll Eve (Tyra Banks) to life.
Banks, 40, spoke with Digital Spy about the film's highly-anticipated sequel, confirming it is in the works.
"I have a meeting today to go over the script!" Banks told Digital Spy on Jan. 19. "I swear! I don't think it'll be out until probably 2015, but I'm guessing it could be late 2014 or 2015. but it will be back, Life-Size will be back, better than ever."
Banks wasn't allowed to speak much about the project, but she did say the sequel would be "very modern -- a modern take."
There's no indication as to whether or not Lohan, now 27, will be involved in the sequel, but the actress hasn't mentioned the project on social media at all.
A fan asked Banks on Twitter about the project, to which she replied, "Tis true, Love."
Fans immediately got excited, but perhaps the biggest reaction came from fellow Disney star Miley Cyrus.
The "Wrecking Ball" singer tweeted 24 "OMGs" followed by "lifesize #thesequel @tyrabanks."
Cyrus, 21, later tweeted Eve's theme song, "Shine bright. Shine far. Don't be shy. BE A STAR! Watching Life Size in honor of the sequel."
Tell Us: Would you watch a Life-Size sequel?