We've been waiting for this for a long time.

Hollywood is turning Lois Lowry’s 1993 best-selling novel “The Giver” into a movie. The Weinstein Company released the first trailer for the film today. As far as young adult adaptations go, we’re pretty excited.

The film has a huge cast ranging from Meryl Streep and Jeff Bridges to Alexander Skarsgard (“True Blood”), Katie Holmes, and Taylor Swift.

Brenton Thwaites, who will be in this summer’s live-action “Maleficent” adaptation, will star as the lead.

While we’ve seen a lot of trailers for other young adult adaptations, like upcoming “Divergent,” and more recently, “The Maze Runner," Lowry’s “The Giver” is pretty well known, if not mandatory school reading growing up.

Here’s the official synopsis from The Weinstein Company:

“The haunting story of THE GIVER centers on Jonas, who lives in a seemingly ideal, if colorless, world of conformity and contentment. Not until he is given his life assignment as the Receiver of Memory does he begin to understand the dark, complex secrets behind his fragile community.”

"The Giver" is in theaters August 15.

Check it out below:

The film teases a website, receiveyourdestiny.org. It's hinted that something more will be revealed April 28.

Here's another photo from the film:

Producer Nikki Silver tweeted out a photo from the set back in October.