December 13, 2005 Next Studio Ghibli Film Announced
Doraneko posted the following to the MML:
Studio Ghibli has officially announced that their next feature film will be Gedo Senki (Gedo War History), directed by Hayao Miyazaki's son, Goro Miyazaki. The film will be an adaptation of Ursula K Le Guin's "A Wizard of Earthsea," and will be released in the Japanese theatres in July 2006.
The Studio's official site has also undergone a revamp. Details of the new film can be found there. There are also dedicated sections of production diary and director's diary. Goro Miyazaki has posted some comments on his father's opposition towards his work as a director.
Here is the poster art, which look awesome IMO:

Hopefully this will get a theatrical release here in the U.S., unlike how The Cat Returns was treated. This will become my most highly anticipated movie of 2007 (probably when it will be released).