Walden Media is set on adding family comedies to its slate, and has picked up a pitch by Ross Venokur called Inner Child.
The Hollywood Reporter said the story centers on an uptight dad whose life is turned upside down when his inner child takes control of his life.
"It's a big idea ... with themes of reawakening the imagination in us all," Michael Bostwick said. "It's a step in a new direction, which is expanding the definition of a PG-rated family film."
Up next for Walden is the July 11 release of Journey to the Center of the Earth, distributed by Warner Bros.
No production date has been set.