Panay to produce what's expected to be a lower-budget effort

Disney has set Dave Green to make his directorial debut on an untitled wolf adventure that Andrew Panay will produce.

Studio isn’t revealing the logline but hopes to start production sometime this fall. Decision to move forward with the film signals that Sean Bailey, Disney’s president of production, isn’t waiting for a new chairman before choosing which projects to move forward with following last month’s resignation of Rich Ross.

Green is best known for helming commercials and musicvideos, as well as comedic short films, including “Pinkberry the Movie” and “WME Staff Meeting,” the latter of which made the Hollywood rounds in recent weeks.

Wolf pic is likely to be produced as one of Disney’s more lower-budgeted efforts given that it’s a new unknown property. News broke Tuesday that Disney was halting pre-production on “Order of Seven,” its big-budget fantasy loosely based on the Snow White fairy tale.

Panay, meanwhile, recently boarded an untitled space adventure pitch from “Chronicle” scribe Max Landis for Disney. He’s also readying an untitled comedy set to star Molly Shannon; baseball dramedy “Late in the Count”; body swapping laffer “Something Cliqued”; and “The Girlfriend Equation,” a romantic comedy based on a story from radio show “This American Life.”

His credits also include “When in Rome” and “Old Dogs.”

Helmer is repped by WME and Kaplan/Perrone Entertainment.

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