Following early word of the project back in July, Deadline is reporting that Jon Favreau is in talks to helm Walt Disney Pictures' The Jungle Book.
The original Rudyard Kipling book was published in 1894 and includes, among a number of other animal-themed stories, the classic tales of an Indian boy named Mowgli who is raised by wolves and lives among the other animals in the jungle.
Disney previously released an animated version of the film in 1967 and another live-action film in 1994. The latest take features a screenplay by Justin Marks.
With Kipling's book well into the public domain, Warner Bros. has been developing their own live action version of the book with Harry Potter scribe Steve Kloves providing the screenplay.
Favreau's diverse range of credits includes Made, Elf, Zathura, Iron Man, Iron Man 2 and Cowboys & Aliens. His latest, Chef, also features him in the lead and will hit theaters May 9, 2014.