Donald Tang’s Global Road Entertainment is rebooting hit Japanese anime TV series Tiger & Bunny for the big screen.

The company, which announced in Berlin that it plans to spend around $1B on production over the next three years, has partnered with Bandai Namco Pictures, Imagine Entertainment and Weed Road Pictures on the feature project.

The live-action film will be written by original writer Ellen Shanman and produced by Imagine Entertainment’s Brian Grazer, Ron Howard and Erica Huggins, Bandai Namco Pictures’ Masayuki Ozaki and Weed Road Pictures’ Akiva Goldsman.

The story takes place in a near-futuristic city called Stern Bild, where professional superheroes fight crime and save lives on a popular TV show. Old school veteran Tiger, who is challenged by younger and more dashing rival Bunny, must team up when a super-powered terrorist begins reeking international havoc.

The series, which airs on Netflix in a number of international territories, was created and produced by Bandai Namco Pictures in 2011 as both a manga and anime series that played on late night television. It ended with a live-viewing event at movie theaters and was followed by two animated features Tiger & Bunny: The Beginning in 2012, and Tiger & Bunny: The Rising in 2014.

Now it’s getting its own live-action, big screen treatment.

Lynn Harris, Global Road Entertainment’s President of Worldwide Production, said “We are thrilled to partner with Imagine, Bandai Namco and Weed Road on Tiger & Bunny. Mr. Ozaki and his team’s globally recognized story and beloved characters provide us with the potential to not only produce a feature film that will appeal to the masses, but also generate a fully developed franchise across the theatrical, television and digital entertainment spaces.”

Ozaki added, “After a long voyage, we have finally reached new ground. We are truly honored to be able to create the future with our collaborative partner whom we wholeheartedly trust. We are determined to live up to our supporters’ and fans’ expectations and bring this exciting project to life.”

“Ron, Brian and I are excited to be partnering with Global Road Entertainment and continuing our relationship with Lynn Harris and Rob Friedman to bring the live action feature film based on the beloved series Tiger & Bunny to fans and audiences around the world,” added Erica Huggins, President of Imagine Entertainment.