Peter Bogdanovich has never truly gone away — you always see those glasses and that neck bandana in a documentary or at some public event — but it’s been quite a while since he actually released a film in theaters. Back in January, there was a rumor that he would reteam with The Last Picture Show‘s Cybill Shepherd on One Lucky Moon, a Westworld-inspired feature with Burt Reynolds, Willie Nelson, and Tom Petty. But, for better or for worse, that one story was the last we heard of it.

This looks to be his true return. Variety reports that Brie Larson (21 Jump Street, Scott Pilgrim), Owen Wilson, and Olivia Wilde have signed to Bogdanovich‘s next film: a comedy titled Squirrels to the Nuts, which Jason Schwartzman is “courted” for at the moment. (I initially thought, “We’ve got a potential Wes Anderson reunion on our hands!”– and then I read that he and Noah Baumbach will produce the film.)

Bogdanovich wrote the screenplay which, right now, we only know follows a prostitute (Larson) who becomes a Broadway star, and how she tries to balance those two very distinct worlds. How a person could transition from one world to the other and then stick around is a little confusing at first blush; things add up a bit when you know Wilson‘s playing “a Broadway director who pays for the young protag’s services despite being married to the star of the play.” (Fortunately, he’s kind enough to give her the proper funds to focus on stage acting.) Wilde, meanwhile, has been hired to play a therapist with an alcoholic mother.

It’s not unfair, if a little pessimistic, to think so many talented people would converge on the basis of who’s helming, but I’m being hopeful here and hoping that Squirrels to the Nuts can be both a good late-career addition to Bogdanovich‘s filmography and, as a result, a strong use of this comedic collection. If Anderson and Baumbach like it, I’ll go in with an open mind.

Does Squirrels have a cast that creates hope on your part? Is it good to see Bogdanovich back in the director’s chair?