Disney's 'Gigantic' has been Cancelled

The Hollywood Reporter revealed that Disney's Gigantic has been cancelled. The film was going to be a new take on the Jack and the Beanstalk fairy tale and was supposed to be released in 2020; Meg LeFauve (co-writer of Inside Out) and Nathan Greno (co-director on Tangled) were attached to direct it.

Here is Ed Catmull's (WDAS president) word on the decision to shelve Gigantic:

It's impossible to know when we begin a project how the creative process will unfold, and sometimes, no matter how much we love an idea or how much heart goes into it, we find that it just isn’t working. With Gigantic, we've come to that point, and although it's a difficult decision, we are ending active development for now. We are focusing our energies on another project that has been in the works, which we'll be sharing more about soon, now set for Thanksgiving 2020.

The Hollywood Reporter claims that this new project will be another original film.