Peter Jackson is making a documentary about The Beatles based on unseen footage that was shot for the 1970 feature film Let It Be.
The Lord of the Rings director has signed on to the project which was previously hinted at by Paul McCartney.
The film will be based on approximately 55 hours of unseen footage of The Beatles in studio that was shot in 1969.
Jackson said: "The 55 hours of never-before-seen footage and 140 hours of audio made available to us ensures this movie will be the ultimate 'fly on the wall' experience that Beatles fans have long dreamt about.
"It's like a time machine transports us back to 1969 and we get to sit in the studio watching these four friends make great music together."
No release date has been released for the project, but it is suspected that the still-untitled film could come out in 2020 to mark the 50th anniversary of the Let It Be album and movie.
Jackson agreed with Paul McCartney's assessment that the 1970 film undersold how much fun the band had in studio while they were making the album.
He added in the statement: "I was relieved to discover the reality is very different to the myth. After reviewing all the footage and audio that Michael Lindsay-Hogg shot 18 months before they broke up, it’s simply an amazing historical treasure trove.
"Sure, there’s moments of drama, but none of the discord this project has long been associated with. Watching John, Paul, George and Ringo work together, creating now-classic songs from scratch, is not only fascinating. it’s funny, uplifting and surprisingly intimate…
"I’m thrilled and honored to have been entrusted with this remarkable footage. Making the movie will be a sheer joy."