Anime News Network is reporting that that this year's 33rd issue of Shueisha 's Weekly Shonen Jump magazine is announcing on July 14 that a new film adaptation of Dragon Ball has been green-lit.

However, it has not been stated whether the new film will be anime or live-action.

Anime News Network has posted a follow-up article, which says that the new Dragon Ball movie will be an anime film.

According to ANN's report, the film is being directed by Masahiro Hosoda at Toei, written by Yusuke Watanabe, and Tadayoshi Yamamuro is serving as the lead animation director.

The new Dragon Ball anime film is scheduled to be released in Japan on March 30, 2013.

Anime News Network is reporting that that the upcoming Dragon Ball anime film will be set between the 517th and 518th installments of Akira Toriyama's manga. It is specifically set during the "lost decade" of the storyline after the end of the battle with Majin Buu. Apparently, some of the characters set to appear in the film include Kuririn, Piccolo, and Vegeta.

It's also being reported that Akira Toriyama has been deeply involved in the film's production from the early screenwriting stages.