Steven Spielberg
Director of the movie and cast member Drew Barrymore (R) poses with director Steven Spielberg at the premiere of "Whip It" at the Grauman's Chinese theatre in Hollywood, California September 29, 2009. The movie opens in the U.S. on October 2. REUTERS/Mario Anzuoni

Steven Spielberg, director of the first two parts of the movie Jurassic Park and also an executive producer of the third one may soon be surprising the audience with a fourth edition in the dinosaur franchise, according to Hollywood Reporter.

This is not the first time it has been reported that Spielberg was working on Jurassic Park 4. Earlier, it was reported that he had met screenwriter Mark Protosevich to kick around ideas for how to re-boot the Jurassic Park franchise.

The latest story sounds rather promising. At the moment, the director is getting set for the fall launch of his new show, Terra Nova, which also happens to be all about Dinosaurs. With prehistoric animals on his mind, it appears that Spielberg is ready to turn J4 into a reality.

But fans, relax! It might be too early to get excited! Neither Spieberg nor Universal, which released the three earlier films, have made any serious move to begin script work on the latest version. Rather, the director is in early stages of conceptualizing the whole movie idea with Protosevich.

If this film is released, it is bound to do really good business considering that the fact all his three prior films have collectively grossed well over a billion dollars. And in an age of comic book movies, it would be really a refreshing experience to see our very own age old dinosaurs stomping around on the screens.