Warner Bros. Pictures and Legendary Pictures have slated their take on the classic Godzilla franchise to hit theaters on May 16, 2014. The joint announcement was made today by Dan Fellman, President of Domestic Distribution, and Veronika Kwan Vandenberg, President of International Distribution, Warner Bros. Pictures, and by Legendary Pictures.

Toho Co., Ltd.’s Godzilla franchise contains one of the most widely recognized movie monsters worldwide, including more than 25 films, multiple television programs, video games and book series. Legendary, which has been developing the project, and its partner Warner Bros. will return the character to its epic roots with a gritty, realistic actioner. The project will fall under Legendary's overall agreement with Warner Bros.

The film is directed by Gareth Edwards, who earned worldwide acclaim for his feature directorial debut, Monsters. Edwards directs from a screenplay by David Callaham (“The Expendables” films), David S. Goyer (the "Dark Knight" trilogy) and Max Borenstein (upcoming The Seventh Son). Legendary's Thomas Tull and Jon Jashni will produce, along with Roy Lee, Dan Lin and Brian Rogers. Alex Garcia and Patricia Whitcher will serve as executive producers alongside Doug Davison, Yoshimitsu Banno and Kenji Okuhira.

A presentation of Warner Bros. Pictures and Legendary Pictures, the film will be distributed worldwide by Warner Bros. Pictures, a Warner Bros. Entertainment Company, except in Japan, where it will be distributed by Toho Co., Ltd. The tent pole film is expected to be presented in 3D.

The other movie scheduled for May 16, 2014 is the Jonathan Liebesman-directed Ninja Turtles, to be produced by Michael Bay.