Tom Hanks is reportedly in negotiations to play Geppetto in the new Disney remake of Pinocchio.
According to Deadline, Tom has read the script and is reported to have reached out to director Robert Zemeckis about the role.
Apparently, Disney has been eyeing Tom to play the part of Geppetto for a while, having approached him years ago.
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But it's thought the long-standing relationship between Tom and Robert - who both worked on (and won Oscars for) Forrest Gump - could seal the deal.
While Robert is directing the live-action remake, Andrew Miano and Chris Weitz will produce via their production company Depth of Field. Chris and Robert are also penning the script.
If Tom is cast for the role of Geppetto, it'll be the fourth film he has worked on with Robert, with the pair also teaming up on Cast Away and The Polar Express.
The original animated film was first released in 1940 and focussed on a puppet named Pinocchio who is brought to life after his wood carver, Geppetto sees a falling star and wishes he would become a real boy.
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His wish is granted by the Blue Fairy who asks Jiminy Cricket to serve as Pinocchio's conscience, explaining he can only become a real boy if he proves himself to be "brave, truthful, and unselfish".
But on his quest to become a real boy, Pinocchio ends up in all kinds of trouble, thanks to characters such as Honest John the Fox who try and lead him astray.
Pinocchio will be the latest in a number of mega successful Disney remakes, including the likes of Aladdin and The Lion King which grossed more than $1 billion (£760 million) worldwide.
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It's currently unknown when the live-action remake might be hitting our screens - or who else will be cast in the movie. And although negotiations are thought to be in the very early stages with Tom, we've got everything crossed he bags the part.
More to follow!
Featured Image Credit: Disney