As Disney continues to reboot old animated favourites into live-action features, the studio is now taking on one of its classic musicals.

Sources confirm that Disney is developing a new Mary Poppins musical with Rob Marshall set to direct. John DeLuca and Marc Platt will serve as producers.

Insiders confirm the new film will take place in London 20 years after the first film and will take storylines from the P.L. ravers’s children books focusing on the magical nanny’s continued adventures with the Banks family.

The original film starred Julie Andrews and Dick Van Dyke in the story of a nanny who came to work for a banker’s unhappy family in pre-World War I England. The film was a huge hit, grossing $100 million at the box office, and earned five Oscars, including one for Andrews as best actress.

Disney has reaped rewards recently by turning their classic animated pictures like Alice in Wonderland and Cinderella into live action hits, and is now turning its attention to classic live-action films.

When it comes to reteaming with Marshall on the picture, the Chicago director has had a knack for taking Broadway hits and turning them into big screen successes. Into the Woods earned $199 million worldwide and landed Meryl Streep an Oscar nomination.

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