Things are looking up at Walt Disney Animation Studios - way up. Gigantic, Disney's unique take on Jack and the Beanstalk, will feature music from Oscar-winning songwriters Kristen Anderson-Lopez and Robert Lopez, who greeted D23 Expo fans in signature style-in song-alongside director Nathan Greno (Tangled) and producer Dorothy McKim (Get a Horse). Set in Spain during the Age of Exploration, Disney's Gigantic follows adventure-seeker Jack as he discovers a world of giants hidden within the clouds. He hatches a grand plan with Inma, a 60-foot-tall, 11-year-old girl, and agrees to help her find her way home. But he doesn't account for her super-sized personality-and who knew giants were so down to earth?

We reported back in April that Breaking Bad creator Vince Gilligan sold a Beanstalk movie pitch to Disney. Breaking Bad writer-producer Thomas Schnauz was set to write the full screenplay, with Vince Gilligan eyeing the project as his feature directorial debut. The project was said to be a revisionist take on the Jack and the Beanstalk legend, but no specific story details were given.

That initial report didn't reveal whether the project was an animated or live action movie, so it's possible that Beanstalk movie and Gigantic are two different projects. Since Disney didn't announce who is writing Gigantic, they could very well be one and the same, but if that's the case, then it appears Nathan Greno is taken over as director, instead of Vince Gilligan making his directorial debut.

Setting this adventure in the Spanish Age of Exploration will certainly separate this project from a slew of Jack and the Beanstalk movies that have come before it. The most recent attempt was the 2012 live-action film Jack the Giant Slayer, directed by Bryan Singer. The movie failed to pull in gigantic box office numbers, though, earning just $197 million worldwide from a $195 million budget.

We obviously have a long way to go before Gigantic hits theaters in 2018, but do you think this version of the classic story could be a bit hit at the box office? Or do you think it will fail to live up to the massive standards fans have placed on this beloved tale? Check out the first artwork from Gigantic below, and stay tuned for more updates.