April 11, 2014 at 10:39 PM EDT

The Giver

Current Status
In Season
Lois Lowry
Houghton Mifflin
Kids and Family

Remember when we all freaked out that the first trailer for The Giver was in color? Well, a new featurette reveals that we may have jumped to conclusions too quickly.

“I began to think about how important memory is — what would happen if we could manipulate human memory,” author Lois Lowry explains in the video which goes a long way in helping to calm the nerves of longtime fans of her 1993 classic.

Then, we get the money shot of Jeff Bridges as The Giver in black and white preparing to give Jonas (Brenton Thwaites) all the memories of humanity. “You can take comfort in knowing you are completely helpless,” he says.

Check it out after the jump.

Back when EW revealed the first images from the film (in color), Bridges coyly explained when I asked about the color that he was glad I was “interested and curious about how it’s going to be pulled off.” He added: “We’re definitely dealing with that. But I don’t want to give it away.”

By the looks of this featurette, they have, indeed dealt with it. Sadly, the fighter jets from the trailer are still a mystery.

The Giver hits theaters Aug. 15.

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