Thanks to the success of Tim Burton’s hugely successful 3D version of Alice in Wonderland, Disney has greenlit a multimillion dollar 3D live-action remake of one of the greatest love stories ever told. The studio’s 1950 animated classic Cinderella is on its way back to the silver after Disney bosses plopped down seven figures for a new screenplay based on the classic tale of a beautiful peasant who wins the heart of a prince with the help of her fairy godmother.

A live-action version of Cinderella, starring Brandy, Bernadette Peters, and Whoopi Goldberg, was adapted into a two-hour TV movie in 1998. In recent years, Hollywood has borrowed elements of the folk tale for box office efforts like Drew Barrymore’s Ever After and A Cinderella Story, featuring Hilary Duff. More recently, Tinseltown has been scrambling to bring an updated version of The Wizard of Oz to theaters — in 3D, of course.

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