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Lily Collins to play 'Polly Pocket' in live action film

Lily Collins is breathing life to "Polly Pocket" in an upcoming live action film.

The "Emily in Paris" star happily announced the news on Instagram, saying it was a "dream come true."

According to a Variety report, the movie will be written and directed by "Girls" creator Lena Dunham, who will be working with MGM Studios and Mattel Films, the film division of Polly Pocket's toy company.

Collins said the team will "reintroduce Polly to the world in a fun, modern way... bringing these tiny toys to the big screen."

"Truly so excited to be coming on as both a producer and Polly herself! Can't wait to dive into this pastel world," the actress said in her Instagram post.

For those who don't know, "Polly Pocket" is an iconic line of toys that has been capturing the hearts of little girls since it was introduced in the 80s.

The character has inspired play sets, dolls, web series, and television shows over the years.

—Margaret Claire Layug/MGP, GMA News