We heard a few rumblings of this last year, but Deadline has now confirmed that King Kong will take on Godzilla in a monster mash-up movie from both Legendary and Warner Bros... eventually!
The plan is for Legendary to release their upcoming King Kong: Skull Island flick - which still doesn't have an official title apparently - through WB, who will move forward with their sequel to Gareth Edwards' Godzilla reboot, and then the next film after that would combine the characters for what will surely be an epic brawl. So although it might be quite some time before we see that movie, Deadline does stress that things are moving "very quickly".
Obviously we've seen these two mighty monsters fight before in 1962's King Kong VS. Godzilla, but that was a couple of guys in rubber suits - how exactly is it going to work with these new incarnations when one is supposed to be about 20 times the size of the other?