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June 03, 2016 at 06:26 PM EDT

Two of Stephen King’s best-known novels, The Dark Tower and It, are both on their way to the big screen, and now, his short story Drunken Fireworks is too.

EW has confirmed that James Franco has signed on to star in the film adaptation of King’s short story, produced by Franco’s Rabbit Bandini Productions and Rubicon Entertainment.

Matt Rager, who’s worked with Franco before on The Sound and the Fury and As I Lay Dying, is set to pen the screenplay, and there’s a possibility that Franco may direct as well as star.

Last year, King released Drunken Fireworks as an audiobook exclusive, telling the story of two men living on a lake in Maine, where they aggressively compete for who can put on the best Fourth of July fireworks show. Franco will star as Alden McCausland, a heavy-drinking Maine native who lives with his mother and faces off annually against his Italian neighbors across the lake.

Deadline first reported the news. 

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