Ain't Them Bodies Saints' writer-director David Lowery and producer Toby Halbrooks are teaming up to write the screenplay for a remake of the Disney classic Pete's Dragon.

The original 1977 movie, which featured a mixture of live-action and animation, followed a young boy and his pet dragon who run away to a new town to escape Pete's abusive adoptive parents. While it isn't known if this remake will feature the same blend of live-action and animation, the story is being completely reinvented, discarding the musical elements of the plot. No production schedule was given at this time.

David Lowery made his feature directorial debut with Ain't Them Bodies Saints, which IFC Films picked up at Sundance this year, which is set for release on August 16. The gritty drama starring Rooney Mara, Ben Foster, and Casey Affleck, centers on an outlaw who escapes from prison and goes on a quest across Texas to meet the daughter he has never seen.

David Lowery is only attached as a writer on Pete's Dragon, at this time. No production schedule has been released.