CODE RED CODE RED CODE RED cinema’s foremost masterpiece is getting a sequel and this Summer’s stand-out comic performer is set to star. That’s right, LeBron James is officially starring in Space Jam 2!

This afternoon, Warner Bros. announced a partnership with James’ production company SpringHill Entertainment that would include film, TV, and digital projects. After fans spent hours in solemn prayer, hoping above all hope that this would finally mean a green-light for James’ long-in-development Space Jam sequel, the Twitter account for WB‘s Roadshow Entertainment confirmed that Space Jam 2 is really, really happening. No, this isn’t a joke. Yes, this entire post was written through a thick veil of tears.

Join Jessica Chobot and Nerdist News writer/Space Jam-enthusiast Ben Mekler for a celebration of all things Space Jam, speculation on what Space Jam 2 might be, and an open letter to Warner Bros. to hand the reins of the franchise to someone who truly deserves it – all on this Special Report!

Thanks for watching, don’t forget to use the hashtag #BenMeklerIsSpaceJam2 every day, and keep checking Nerdist.com for more Space Jam 2 updates!