for a big screen adventure with Disney negotiating a deal with director Jon Favreau to adapt Rudyard Kipling's India-set story.
First published in 1894, 'The Jungle Book' is in the public domain and was adapted by Justin Marks for Disney, though producers have not yet been assigned.
The studio will be competing with a rival project that frequent 'Harry Potter' scribe Steve Kloves is writing for Warner Bros.
'The Jungle Book' features Mowgli, a young boy raised by wolves whose friends include a bear and a panther in the jungles of India.
An animated version of the book was Walt Disney's last project. He died during the production of the movie.