Is this set to become a weekly announcement? Now Disney has hired Peter Hedges (who wrote and directed Pieces of April and Dan in Real Life) to write a new live-action version of Pinocchio, which will of course be loosely based on the 1940 movie, and has been done before in many other versions as well (remember the horrifying Roberto Benigni 90's one starring Jonathan Taylor Thomas?). Guillermo del Toro is also in the midst of adapting a stop-motion animated Pinocchio movie that's currently seeking foreign financing. The 1940 Pinocchio is really one of the darkest Disney movies ever, maybe the one that comes closest of all their fairy tale adaptations to capturing the true, kind of twisted nature of those stories to begin with. It's also of course one of the most dazzling pieces of pure animation ever made, and every bit of it can still take your breath away when you watch a restored version. As one of the best from Disney's Golden Age, it can't be topped in any way, really.
Just to freak you out all over again, here's the scene where Pinocchio and Lampwick are turned into donkeys because of their bad behavior. This is seriously freaky stuff you'd never see in a kids movie today: