Now that M. Night Shyamalan has left Disney and joined forces with Warner Bros, rumors have been brewing that he may direct the new Harry Potter movie. Of course the last time Shyamalan was set to direct a popular book (“Life Of Pi”), that story lacked a happy ending, to say the least. Maybe this time will be different.

ComingSoon sat down with the elusive director during the press day for Lady In The Water, and asked him straight up if he’ll be waving magic wands in the near future. "You know, that Harry Potter dance has gone on a long time. The problem is that it is a living breathing thing now, all by itself. When it comes over to my camp, it needs to be kind of handed over, adoption papers and everything. That's a tricky move," he says.

Okay, so it’s safe to say it’s still very much in the air, even after the long and winding road. "The first one was offered to me, but that conflicted with 'Unbreakable,' which was unfortunate. I would definitely, but I think probably before that I would adapt a book."

Lady In The Water floods theaters on July 21st.