By Jake Perlman
Updated October 01, 2014 at 12:00 PM EDT
Everett Collection

This is something Michael Jackson fans can really be thrilled about.

After settling a dispute with the late singer’s estate, director John Landis is finally bringing the iconic 14-minute 1983 music video “Thriller” to 3D. No official details have been released yet, but Landis, who directed the phenomenon for a reported $500,000 budget, told the New York Daily News that the project began as an idea Jackson originally had as a segment for his “This Is It” tour.

“It is going to reappear in a highly polished and three-dimensional way that is very exciting on the big screen,” Landis said. In addition to the new look, the video is also expected to be released on Blu-ray for the first time and may even span into the video game market.

Thriller premiered on MTV in December of 1983 and was the first music video inducted into the National Film Registry by the Library Of Congress in 2009. This won’t, however, be the first time the music video will be seen in movie theaters. Though it failed to receive a nomination in the short category, Thriller played a brief theatrical run in 1983 before Disney’s Fantasia in order to qualify for an Academy Award. Don’t feel too bad though, the album Thriller went on to be the best-selling album of all time and won Jackson seven Grammys including one for Best Music Video, Longform for the accompanying documentary The Making of Michael Jackson’s Thriller.