Disney will gut Pete's Dragon and sell its corpse

Wow, Disney is digging deep into the vault for movie material. First it was Alice In Wonderland, and Beauty and the Beast — now Pete's Dragon is getting a remake.

Yes the 1977 gem that included two of the best all time villainous musical numbers is getting a total re-haul, thanks to Ain’t Them Bodies Saints director David Lowery. According to Deadline, the original is merely an inspiration — because the studio plans to "reinvent the core story." Which... why even do it then? Pete's Dragon might be dated, but it's still a wonderful little movie with fantastic tunes. Ah well, our money is on Elliot getting a giant Smaug-like makeover. Sigh.

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