New Line will descend to “20,000 Leagues Under the Sea,” snapping up Craig Titley’s pitch for an updated version of Jules Verne’s novel and setting it up with Sam Raimi and Josh Donen through their Buckaroo banner.
Deal doesn’t include a directing component for the “Spider-Man” helmer. New Line is developing the project as a film that would look more closely into the background of Captain Nemo as well as that of his prisoners aboard the Nautilus.
Disney’s original “20,000 Leagues Under the Sea,” released in 1954, starred James Mason, Kirk Douglas and Peter Lorre in the story of a 19th century expedition to find a mysterious sea creature that’s been attacking ships.
Buckaroo exec Russell Hollander brought the project into the shingle. Raimi and Donen, the former co-head of CAA’s motion picture department, set up the production company last year at Sony.