MTV has the scoop:
It seemed like every time a cast member opened his mouth, the mystery only deepened. So when we had the chance to speak with executive producer Ron Howard on the red carpet at the Oscars, we asked him to kick us some truth. He did, and now MTV News can exclusively confirm that the “Arrested Development” is happening.
It seems that the final piece to the puzzle is regarding which actors will be back. However, rumors have it that Michael Cera has finally agreed to reprise his hilarious role as George-Michael. It seems that everyone is on board!
The film could hit theaters as early as late 2009, despite IMDB reports that it will be released in 2010.