The Disney Times also notes the film's musical status, which will include "at least some of the songs from the animated film." The film is in good hands with director Bill Condon, who helmed the film adaptation of Dreamgirls and received a "Best Adapted Screenplay" Oscar nomination for Chicago. Evan Spiliotopoulos (Tinker Bell and the Lost Treasure) is credited with an earlier version of the script, which has since been re-worked by Steve Chbosky (The Perks of Being a Wallflower).
Production on the film is set to commence later this year. No release date has been set, but The Disney Times notes that the film will be in theaters no earlier than 2016.
Wishing Emma Watson all the best in her latest role! pic.twitter.com/dLUE97cXdR
— Disney ARL (@DisneyARL) January 26, 2015
Source: The Disney Times, Emma Watson on Facebook