Director Gore Verbinski (Pirates of the Caribbean) and Oscar-winning producer Graham King (The Departed) have announced today that they are in development on a $100 million dollar animated feature film.The pair are in talks with Sweeney Todd writer John Logan.

The Hollywood Reporter is reporting that the release date for the pic is an extremely ambitious 2010 and script has yet to be written. The film is to be co-produced with Verbinski’s Blind Wink Prods. and King’s GK Films. So far they have wrangled Storyboard artist James Ward and VFX Sup. Mark McCreery both who worked with Verbinski on Pirates.

No animation house has been tagged for the production as of yet, the team says that they will decide whether to go out of house to an established company or rather build their own animation unit from scratch after the script is finished.