Fox Entertainment has revealed that it has been awarded a three-year development deal with Warner Bros. to adapt the 1939 fairy tale about a magical wizard who travels back in time and saves a princess.
Fox chief executive Kevin Tsujihara said in a statement: “We are very pleased to be given this opportunity to bring this iconic classic to the big screen, and we look forward to bringing it to life in 2019.”
Fox is developing the film for a 2019 release.
The adaptation will mark a significant step in Fox’s plans to bring a wide variety of animated series to TV screens in the US.
The film will mark the first time a new Fox film will be produced and directed by the Fox-owned studio.
The studio is already in negotiations to adapt Warner Bros.’
DC superhero film Justice League, a reboot of the DC Comics universe.
The deal with WB comes as Fox and Warner Bros have been working together to produce new animated series and spinoffs.
The studio also has a deal with Hulu to develop new Fox programming.