Get the sequel/remake/reboot machine warmed up again. Yet another hit '80s film is being revisited.

Is it time for a "Beetlejuice" comeback? Warner Bros. seems to think so. A sequel may materialize out of a two-year first look feature producing deal with KatzSmith Productions partners David Katzenberg and Seth Grahame-Smith.

Details on the deal are still being hammered out, but according to Deadline.com, one of their first two projects is expected to be a sequel to Tim Burton's supernatural comedy hit from 1988. In the original, a recently deceased couple (Alec Baldwin and Geena Davis) hire the titular trouble-making ghost (Michael Keaton) to rid their former residence of its obnoxious new occupants.

The project will be a reboot that will advance the original's storyline. It should be noted that Keaton is about to turn 60, and has hardly been seen on the big screen lately. He had a supporting role in last year's "The Other Guys" and lent his voice to Disney's "Toy Story 3." 

Grahame-Smith wrote the script for Burton's upcoming "Dark Shadows," currently in production with star Johnny Depp. He got his start writing the bestselling literary-horror mash-ups "Pride and Prejudice and Zombies" and "Abraham Lincoln: Vampire Hunter." The latter was turned into an upcoming film directed by Timur Bekmambetov ("Wanted") and produced by Burton. It hits theaters June 22, 2012.

What do you think of the possibility of a "Beetlejuice" sequel?