A new report has surfaced, indicating Marvel Studios' is in the early stages of developing a movie based on Marvel Comics' popular child superhero comic Power Pack.

Citing an unnamed source, a report from That Hashtag Show states that the studio has revisited the idea of bringing the superhero team to the big screen within the last year. The report is quick to reiterate that the Power Pack movie is not green lit, nor does it have a release date; at this point, the studio is merely developing the property. Jonathan Schwartz (an executive producer on Guardians of the Galaxy Vol. 2) is said to have been given executive oversight on the film.

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The Power Pack movie is said to be envisioned as something akin to the Spy Kids franchise -- a friendly, fun adventure starring a family of four kids. Their story sees four siblings - Jack, Julie, Katie and Alex Power - granted incredible abilities by a dying Kymellian (an alien, horse-like race) named Aelfyre Whitemane.

The Power kids meet Whitemane when he comes to Earth to stop their father, Dr. James Power (a physicist who has discovered a way to convert antimatter into energy) from accidentally destroying the Earth with his experiment. Whitemane is followed to earth by power-stealing, villainous Snarks and is mortally wounded. Just before his death, he grants each child a power that'll help them save the antimatter equation from the Snarks.

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In the comics, Alex Power manipulates gravity, July has the gift of flight (leaving a rainbow trail in her wake), Jack can manipulate the mass of his body, and Katie can disintegrate objects and convert their energy into explosive blasts. The Power siblings foil the Snarks plans and go on to use their powers to solve problems both big and small, adopting superhero identities and codenames and having adventures across the Marvel Universe for a couple of decades. Again, while there is no indication that the project is in active development at this point, there are two unclaimed release dates set by Marvel Studios for 2020. That Hashtag Show reports that Guardians of the Galaxy Vol. 3 will claim one of the spots, however the second remains open.

Marvel Studio's upcoming includes Thor: Ragnarok on November 3, 2017, Black Panther on February 16, 2018, Avengers: Infinity War on May 4, 2018, Ant-Man and The Wasp on July 6, 2018, and Captain Marvel on March 8, 2019.