India, June 29 -- Rob Lowe confirmed a sequel is in the works, nearly four decades after St. Elmo's Fire, and he is genuinely excited about where it is headed. In a chat with People, the 61-year-old confirmed the long-rumoured project is alive again. "We're working on the script," he said, "and it's really getting good." Back in 1985, he played Billy Hicks - a wild, saxophone-playing guy who couldn't quite let go of his college party days.

The film followed a close group of friends navigating that weird, messy time between graduation and actual adulthood. Turns out, audiences still aren't over it.

Lowe believes the sequel has a strong reason to exist, especially now. "It's super valid to revisit those characters that continue to mean a ...