With live action fairytales still all the rage (Cinderella has now made over $450m worldwide and Beauty and the Beast is currently in production), Disney has decided to go down the revisionist route with Jack and the Beanstalk.

The studio is working alongside Vince Gilligan, the creator of hit show Breaking Bad, to craft a new version of the classic story, according to The Hollywood Reporter.

Negotiations are underway to pick up Beanstalk, a treatment written by Gilligan that takes Jack, the giant and the beans and crafts them into something different. The script will be written by Thomas Schnauz, who was a writer and co-executive producer on Breaking Bad and has been working on spin-off show Better Call Saul.

The project will be produced by Gilligan and Mark Johnson, also a producer on Breaking Bad as well as The Notebook and Shooter.

The last attempt to bring the story to the big screen was 2013’s Jack and the Giant Slayer, which starred Nicholas Hoult and Ewan McGregor, only made $65m in the US from a $195m budget.