MUMBAI: Sofia Coppola, daughter of legendary film director, Francis Ford Coppola (The Godfather trilogy) is in negotiations to direct the live action adaptation of the classic fairytale – The Little Mermaid – by Hans Christian Anderson, reported The Hollywood Reporter (THR).

Coppola will, for the first time, direct a supernatural live-action fairytale. Coppola is best known for helming critically acclaimed films like Lost in Translation and The Bling Ring starring Emma Watson.

The Little Mermaid revolves around the finned beauty willing to make a Faustian bargain to live on land after she falls in love. Previously, Atonement and Pride & Prejudice writer Joe Wright was attached to direct the project; however, Wright has found his own fairy tale adaptation in Pan – based on the popular character Peter Pan.

According to Deadline, Tim Burton’s long time collaborator Caroline Thompson, who is well known for her screenplays including Edward Scissorhands, The Addams Family and The Nightmare Before Christmas, will be working on the draft for The Little Mermaid.