Cinema scion Sofia Coppola is in negotiations to direct a live-action version of the Hans Christian Andersen fairy tale "The Little Mermaid," which served as the basis for the 1989 animated hit.

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Deadline.com reports that writer-director Coppola, daughter of Francis Ford Coppola and herself an Academy Award-winning screenwriter for 2003's "Lost in Translation," is working with "Edward Scissorhands" scribe Caroline Thompson on a rewrite of previous drafts by Kelly Marcel ("Fifty Shades of Grey") and Abi Morgan ("Shame"). Coppola's version of the 1837 tale would be made by production company Working Title and Universal Pictures studio.

While the animated movie was from Walt Disney Pictures, this version of the 1837 tale would be made by the production company Working Title and the studio Universal Pictures. In Andersen's tale, a mermaid makes a pact with a sea witch to gain legs, in order to win a prince with whom she has fallen in love. Yet the witch also makes her mute, and gives her legs constant pain until the prince falls for her. When he does not, the now-human mermaid drowns herself -- finding to her surprise she did not dissolve into nothingness but became a "daughter of the air."