The Silver Chair will take place after the events of The Voyage of the Dawn Treader, when Prince Caspian has become King Caspian. The story begins with Caspian's son, the prince, going missing, leading Aslan the lion to send Eustace Scrubb — who was played by The Revenant's Will Poulter in 2010's Dawn Treader — and his boarding school classmate Jill Pope in search of the missing monarch.

David Magee, the writer responsible for the book-to-screen adaptations of Life of Pi and Finding Neverland, will pen the script.

The Mark Gordon Company will develop and produce the film, along with the C.S. Lewis Company, with Sony and eOne handling distribution. Nicole Brown will oversee the project for TriStar with Minghella, with Sara Smith overseeing the project for The Mark Gordon Company.

“Developing this project with The C.S. Lewis Company has been immensely exciting and a real joy," Gordon said Tuesday in a statement. "We are so pleased to team up with our good friends at TriStar and our partners at eOne to introduce this new, magical chapter of the Narnia franchise to fans around the world, both old and new."

This will be the first voyage into Narnia for The Mark Gordon Company, who announced plans for a fourth Chronicles of Narnia movie back in 2013.

The Lion, the Witch and the Wardrobe and Prince Caspian were produced by Disney and Walden Media. For Dawn Treader, Walden, which owned the film rights to the Lewis book series until 2011, partnered with Dune Entertainment and Fox.

The Chronicles of Narnia film franchise began in 2005 with the first film The Lion, the Witch and the Wardrobe, which grossed $745 million at the worldwide box office. The next two installments in the series, Prince Caspian and Voyage of the Dawn Treader, were released in 2008 and 2010, respectively. The entire franchise has grossed more than $1.6 billion at the global box office, when not adjusted for inflation.