Considering the massive earnings of live-action Disney adaptations like "Beauty and the Beast" and "The Jungle Book," it should come as a surprise to learn that the studio has plenty more adaptations in the works. One such remake will adapt the 1942 animated classic "Dumbo," a film that will be helmed by director Tim Burton.

As reported by Variety, Michael Keaton is currently in negotiations to join Disney's live-action "Dumbo" movie as the film's villain. The last time Keaton and Burton worked together was 1992's "Batman Returns." They also collaborated on the first "Batman" film and "Beetlejuice." In addition to Keaton, actors Colin Farrell, Eva Green and Danny DeVito are also in talks to join the film.

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The original "Dumbo" followed the story of a baby elephant ridiculed for his large ears. With the help of his friend Timothy Q. Mouse, the young elephant learns to unleash his full potential. If a deal is struck, Keaton would play a man who purchases the circus from DeVito's character with the intention of exploiting the elephants.

Keaton's career has been booming as of late with his roles in two Academy Award-winning films, "Birdman" and "Spotlight." He's also set to play Vulture in Sony and Marvel's "Spiderman: Homecoming," which debuts in theaters July 6.

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Burton directed 2010's "Alice in Wonderland," a live-action retelling of the 1951 animated film. Since then, Disney has been on a spree of live action remakes including "Cinderella," "The Jungle Book," "Beauty and the Beast"  and more.

A release date for Tim Burton's "Dumbo" or further details have yet to be revealed.