Captain Nemo, Disney’s new take on 20,000 Leagues Under the Sea, looks to be going full speed ahead, with The Wolverine director James Mangold apparently set to take the helm.
The origin story will be based on Jules Verne’s 19th century novel, which features a memorable giant squid battle, and is expected to follow Captain Nemo as he builds his warship Nautilus.
Mangold will juggle the project alongside the currently untitled The Wolverine sequel with Hugh Jackman, reports Deadline.
Disney is set to go up against Fox and X-Men’s Bryan Singer, who is also said to be working on his own remake of the original story.
The interest in remaking the story is understandable: Disney’s first version of the tale was the second-highest-grossing film of 1954. Personally produced by Walt Disney, it won two Oscars and even spawned a Disney theme park attraction complete with menacing animatronic squid.