Guillermo del Toro write and direct the animation project Trollhunters, a feature project for DreamWorks Animation, according to The Hollywood Reporter.

Guillermo del Toro said animation has caught his eye because he believes that during the next 10 years, the entertainment landscape will shift into a transmedia world -- a confluence of movies, TV, books, video and online -- and artists will need to be educated in all aspects of media.

"Transmedia," he said, "will not just be a buzz word."

Trollhunters, a working title, is based on a young-adult book Guillermo del Toro submitted to publisher Hyperion about two weeks ago.

"I wanted very much to develop a story that could be written for kids but dealt with a genre that was scary," he said. "It essentially combines fairy tales with modern times and is about how difficult it is to be kid. Normally, kids are idealized in animated films. But the growing pains, married with the notion that there is a world right next to us that is completely plagued by creatures of ancient lore, it's thematically fitting with the rest of my stuff."

Due to the evolutionary process of animated filmmaking, the script will be written and rewritten over a period of time, including during production. Guillermo del Toro has already started writing Trollhunters and plans on finishing it before he shoots At the Mountains of Madness.