Amongst the Disney classics, is an often forgotten movie musical combining live action with animation. Pete’s Dragon is story about an orphan boy befriended by dragon who becomes invisible at the drop of a hat. Following a recent trend of remakes and augmentations to current titles (i.e. Cinderella, Malifiecent, and the possible Beauty and the Beast remake), Disney has signed David Lowery of Ain’t Them Body Saints to write a script for remake. Lowery will be reinventing the script, but not directing, says Collider. The new film will not be a remake and could be a bit more dramatic, judging by Lowery’s past work. The new Pete’s Dragon is still in development and does not have a release date.