LOS ANGELES, CA – FEBRUARY 27: Director Sam Raimi attends the 63rd MPSE Golden Reel Awards at Westin Bonaventure Hotel on February 27, 2016 in Los Angeles, California. (Photo by Michael Tullberg/Getty Images)

After months of vague news and endless speculation surrounding the Doctor Strange sequel, Marvel fans have something more concrete to hold them over. Earlier today, Variety revealed in an exclusive report that Spider-Man trilogy helmer Sam Raimi is in talks to direct the highly-anticipated Doctor Strange in the Multiverse of Madness. The news comes after a January 9 article (also published by Variety) confirmed that Doctor Strange director Scott Derrickson had stepped down from the project.

Raimi is best known among superhero fans as the creative powerhouse behind the mid-2000s Spider-Man series starring Tobey Maguire, Kirsten Dunst, and James Franco. The second entry in his uneven but largely solid series still ranks as one of the greatest superhero films of all time. The first film, bolstered by Willem Dafoe‘s memorable turn as the Green Goblin, was also a success and helped set its sequel up for greatness. Spider-Man 3? We don’t discuss Spider-Man 3.

Raimi’s other credits include The Evil Dead trilogy, Drag Me to Hell, and Oz the Great and Powerful. 

Derrickson will executive produce.

Doctor Strange in the Multiverse of Madness will see Benedict Cumberbatch, Benedict Wong, and Chiwetel Ejiofor reprise their roles from the first film (minus Mads Mikkelson and Rachel McAdams). The film will hit theaters on May 7, 2021.

Stay tuned for updates!