The people over at Walden Media are still giving one another high-fives to celebrate their latest flagship-- The Chronicles of Narnia.
However, Walden Media does not plan to wait for the sequel to The Chronicles of Narnia: The Lion, The Witch and The Wardrobe-- Prince Caspian --and is already moving forward with another big-budget novel adaptation.
Walden Teams for The Water Horse
According to Variety, Walden Media will team with Beacon Pictures and Revolution Studios to produce a Narnia-scale film based on the children's fantasy novel The Water Horse. Written by British author Dick King-Smith, The Water Horse tells the story of a lonely boy in Scotland who finds a mysterious egg from which hatches a "water horse" -- a mythical sea monster of Scottish legend.
Scribe Robert Nelson Jacobs has already been picked up to pen the screenplay for the film with Jay Russell to direct. Jay Russell has a filmography that includes Ladder 49 and the film adaptation of Tuck Everlasting.
According to Russell, who has been looking to adapt the book for the past five years, The Water Horse will be more realistic than fantastical.
The Water Horse will be a live-action film featuring CGI similar to The Chronicles of Narnia. Walden Media will again unite with Weta Digital and Weta Workshop (the companies who created the 'massive' program used on Lord of the Rings) to create the special effects for The Water Horse. Walden and Weta recently worked together on The Chronicles of Narnia.
Walden Media has enjoyed box office success with children's novel adaptations and has two additional adaptations-- How to Eat Fried Worms and Charlotte's Web -- on the way.