AceShowbiz -

Angelina Jolie is gearing up for the release of her new directorial effort "First They Killed My Father: A Daughter of Cambodia Remembers". While premiering the new Netflix movie at the Telluride Film Festival, the Oscar-winning actress confirmed she's returning to acting, saying that she's looking to start working on "Maleficent 2".

While there were rumors claiming Jolie would next star in "Bride of Frankenstein", the "Maleficent" actress chose to start the Disney sequel instead. "I am now the breadwinner for the family, so it's time," the 42-year-old actress joked about returning to acting, adding, 'We have been working on the script and this is going to be a really strong sequel."

Released in 2014, "Maleficent" earned an impressive $758.5 million worldwide against its budget of $180 million. Directed by Oscar-winning filmmaker Robert Stromberg from a script provided by Linda Woolverton, the film told the previously-untold story of the iconic villain from Disney's 1959 animated classic, "Sleeping Beauty".

It has yet to be confirmed whether the other stars of the original film that included Elle Fanning, Juno Temple, Imelda Staunton, Lesley Manville, Sam Riley and Sharlto Copley will also return to the sequel.

Jez Butterworth ("Spectre", "Edge of Tomorrow") has recently been tapped to rewrite the sequel, stepping in for original scribe Linda Woolverton. This marks the second time Butterworth is working with Disney on a live-action take on a beloved animated villain, as he has also worked on the upcoming "Cruella", which has Emma Stone on board to play the wicked fur-loving lady in "Dalmatians" movies.

"Maleficent 2" is being produced by Joe Roth. No director is attached to the sci-fi flick as of now. Plot details are still scarce, and any potential release date would depend on Jolie's schedule.