UPDATED with release date info: Sony Pictures and director Paul Feig have found their foursome to reboot the Ghostbusters franchise. Melissa McCarthy and Kristen Wiig are rejoining their Bridesmaids helmer Feig on the pic, with Saturday Night Live castmembers Kate McKinnon and Leslie Jones also coming aboard. We’re hearing the studio is still in negotiations but Feig apparently is confident enough about locking his cast that will fill the iconic roles played by Bill Murray, Dan Aykroyd, Harold Ramis and Ernie Hudson: The news came via a Feig tweet.

Sony also confirmed Feig’s later tweet that the pic has a July 22, 2016 release date.

The next #Ghostbusters is officially hitting theaters July 2016. Who’s ready to believe us?! pic.twitter.com/4XFr8qxU9o — Sony Pictures (@SonyPictures) January 28, 2015

Katie Dippold, who collaborated with Feig and McCarthy on The Heat, is co-writing the script and a production start this year is being eyed.