Children of the '80s, have we got the news for you: The Goonies director Richard Donner confirmed the film is getting a sequel.

It's been long rumored that there would be a second The Goonies movie, but Donner said this weekend in a video interview with TMZ that it's finally happening. "We are doing a sequel," he said.

When asked if the original cast members will return, he said: "Hopefully all of them."

The 1985 cult classic, which follows a group of boys who embark on an adventure to find treasure, helped launch the careers of actors Josh Brolin and Corey Feldman. There's no word if Steven Spielberg or Chris Columbus, the film's original executive producer and screenwriter, respectively, are on board.

In 2010, Brolin told Extra TV a script was believed to be in the works, but that there were no plans of getting it produced anytime soon.

“People keep asking me over and over about a sequel,” Brolin said at the time. “I saw Steven Spielberg [the film's producer] on the street about a month and a half ago, and I asked the reality. I hear there is a script, yes, but there’s no talk about doing a Goonies sequel at this very moment. And that’s the first time I’ve been truthful about that answer… ever.”

Bonus: What If Tech Companies Were Sports Teams?

Tech Company Team Logos

1. Apple

   Image: Mashable, Danielle Hernandez

2. Facebook

   Image: Mashable, Danielle Hernandez

3. Google

   Image: Mashable, Danielle Hernandez

4. Amazon

   Image: Mashable, Danielle Hernandez

5. Netflix

   Image: Mashable, Danielle Hernandez

6. Samsung

   Image: Mashable, Danielle Hernandez

7. Microsoft

   Image: Mashable, Danielle Hernandez

Have something to add to this story? Share it in the comments.