During last night's Govener's Ball following the 78th Annual Academy Awards, director Steven Spielberg, who's film Munich was up for an Oscar in the Best Picture category, told Fox News correspondent, Roger Friedman, that'll be taking a year off from filmmaking.

In store for the director in 2006 he'll be preparing his Abraham Lincoln film with award-winning author Doris Kearns Goodwin, and acting as a producer, not director, on several other smaller projects.

So, what doesn this mean for the production status of Indiana Jones 4?

Friedman followed up, "George Lucas told me recently that there's a script and he's happy with the story."

Spielberg responded, "George Lucas isn't the director. I am."

"I have David Koepp on it now, and he's my 'closer,'" Spielberg said. "He wrote "Spider-Man" and "War of the Worlds", so he'll get it done."