Shawn Levy Set To Direct Pinocchio Prequel; The Three Misfortunes of Geppetto

Well it seems Real Steel director Shawn Levy's plate has just gotten fuller, because now he can add the Pinocchio prequel 'The Three Misfortunes of Geppetto' to his list which includes a possible sequel to Real Steel, a remake of The Fantastic Voyage, a new Frankenstein adaption, and a promised action movie for Hugh Jackman. Talk about a busy schedule.

Levy's film joins an abundance of Pinocchio films, one being a stop motion film directed by Guillermo del Toro, the other a live action adaption that's being considered by Tim Burton. But unlike the previous two, Levy's version will be focused primarly on the early life of Pinocchio creator Geppetto, so it might not have Pinocchio in it at all. So before you start on too many Pinocchio movie being made at once, take into consederation how different they are. According the film's screenwriter Michael Vukadinovich:

It’s a prequel to the story of ‘Pinocchio’, in which Geppetto endures a life of misfortune, war and adventure, all to be with Julia Moon, his true love. The sweep is reminiscent of ‘Big Fish’ or ‘The Princess Bride’ and it creates a fresh way into the Pinocchio story at a time when revisionist fairy tales are dominating the movie landscape.

Geppetto will be joining an abundance of re-imaginings of classics characters and fairy tales, including Tarsem Singh's Snow White, Snow White and the Huntsmen, Hansel and Gretel: Witch Hunters, Maleficent, a remake of Little Mermaid, I, Frankenstein, Frankenweenie, and Guillermo del Toro's Beauty and the Beast. While audience's have only gotten a taste of what these reimaginings are like with last year's Alice in Wonderland, it's still hard to tell whether these films will be sucessful, and whether audiences are getting tired of seeing the same characters being recycled.
There's no doubt that Levy can bring a great family narrative to the big screen, considering his work on Cheaper by the Dozen, Big Fat Liar, both Night at the Museum films, and now Real Steel. His movies have only been getting better and better of the years, and we can only hope that Geppetto in also a step up from the rest. With Levy's busy schedule, it's hard to guess when will see Geppetto hit theaters, but lets just help it isn't released to close to the other Pinocchio projects.
What do you think of a Geppetto movie? Are you sick of fairy tale re-imaginings?