While several projects are being put indefinitely on hold or outright cancelled at this moment in time, we now have news that Netflix is moving forward on a new film that’s sure to put a smile on the face of gamers of a certain age.

Via The Hollywood Reporter, it’s been confirmed that the on-demand streaming service is adapting classic arcade game Dragon’s Lair as a live-action movie. And even better than that, Ryan Reynolds is currently believed to be in talks to headline and serve as a producer on the picture.

Dragon’s Lair first hit the arcade scene back in 1983, with the plot of the game seeing bumbling knight Dirk the Daring on a quest to rescue his ‘one true’, Princess Daphne, from the grips of the nefarious dragon Singe and the mystical, wizardry Mordroc.

At the time, Dragon’s Lair was revolutionary for its design and animation style – which was largely down to Rick Dyer and former Disney animator Don Bluth.

Bluth will actually be involved as a producer on Netflix’s Dragon’s Lair, with Gary Goldman, Jon Pomeroy, Roy Lee, and Trevor Engelson involved in a similar capacity. The LEGO Movie’s Dan and Kevin Hageman are on writing duties, with a director yet to be announced.

Previously, Dragon’s Lair has been turned into an animated series back in 1984, and a comic book series eventually followed in 2003. On the movie front, there have been several attempts to get a Dragon’s Lair film off the ground over the decades – and now it finally looks as if this movie could well become a reality.

As ever, expect more on all of this as we get it.