Hansel and Gretel: Witch Hunters will now be shot in 3D, with MGM coming aboard to co-finance the project with Paramount Pictures. A March 3, 2012 release date was announced for this upcoming adventure.

Jeremy Renner and Gemma Arterton will star as the siblings, who have grown up to become bounty hunters after their traumatic childhood incident at the Gingerbread House. Famke Janssen will also star in Hansel and Gretel: Witch Hunters, which is budgeted at $60 million.

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Tommy Wirkola will direct Hansel and Gretel: Witch Hunters from a script he co-wrote with D.W. Harper. Adam McKay, Will Ferrell, and Chris Henchy are producing through their Gary Sanchez Productions banner.