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A 'Mamma Mia!' sequel is set for release in July 2018

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Dare we say it? 

Here we go again. 

The ABBA-packed film musical "Mamma Mia!" is getting a sequel that will hit theaters on July 20, 2018, reports the Associated Press.

Universal Pictures announced Friday that "Mamma Mia: Here We Go Again!" will include the film's original cast and, of course, rely on a soundtrack of ABBA songs that didn't make it into the first movie.

Meryl Streep, Amanda Seyfried, Pierce Brosnan and Colin Firth starred in the first film which became a smash global hit, earning over $609 million. Rumors of a sequel have circulated for years. 

Producer Judy Craymer, who created the popular stage musical that served as inspiration for the movie, will produce with Gary Goetzman. Writer Ol Parker will write and direct.

Phyllida Lloyd directed the first film.

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