"There's going to be a big announcement any minute now. Yes. It's been months and months of being right on the verge of being announced. I thought something was going to go public yesterday, actually, and that you'd be the first person I'd be talking about this with. But I'm thinking there will be something made public very soon. It's going to get made shortly after the new year. I wish I could tell you about it right now, because... I mean, it's amazing. It's going to be amazing. It think it first got leaked four years ago or so that the movie was going to be made, and ever since then it's just been stalling and stalling. So I'm really ready for this to happen. But I'm not kidding: It's very imminent."
Back in March 2011, producer Judd Apatow revealed he was working on this new Pee-wee adventure, and this March, the producer said that Paul Reubens and Paul Rust co-wrote the script, and that they were "kicking around" titles such as Pee-wee Takes a Holiday. It isn't known if that is currently the title or not, but perhaps we'll hear more about the project soon.
Paul Reubens' Pee-wee Herman character debuted during an HBO TV special in 1981, which lead to the 1985 movie Pee-wee's Big Adventure and served as Tim Burton's directorial debut. That film not only spawned a sequel, 1988's Big Top Pee-wee, but also the TV series Pee-wee's Playhouse, which ran from 1986 to 1990.