The official Beatles site announced today that "Lord of the Rings" director Peter Jackson is working on a project making use of "Let it Be" footage to create a new film.
A restored edition of the original "Let it Be" film is also planned for release after Jackson's version comes out.
"Let it Be" celebrates its 50th anniversary of release next year.
Details from the Beatles' news release:
London – January 30, 2019 - Apple Corps Ltd. and WingNut Films Ltd. are proud to announce an exciting new collaboration between The Beatles and the acclaimed Academy Award winning director Sir Peter Jackson. The new film will be based around 55 hours of never-released footage of The Beatles in the studio, shot between January 2nd and January 31st, 1969. These studio sessions produced The Beatles’ Grammy Award winning album Let It Be, with its Academy Award winning title song. The album was eventually released 18 months later in May 1970, several months after the band had broken up.