According to The Hollywood Reporter, Ralph Zondag has signed on to direct Ollie the Otter for Regency Enterprises. The project marks the first animated project for the 20th Century Fox-based studio. Regency is co-financing the CG film along with CritterPix, a San Rafael, Calif.-based animation studio.

Based on the children's book by Kelly Alan Williamson, Ollie the Otter centers on a circus sea otter named Ollie who tires of doing the same old stunts at the behest of his demanding father. Ollie leaves his family and the aquatic circus behind to find himself. He eventually realizes that his father isn't so bad after all.