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Jon Favreau to direct Disney live-action remake of The Lion King

Jon Favreau will direct the new Lion King.

Jordan Strauss/AP

The animated classic "The Lion King" will be the latest Disney film to get a live-action remake.

Disney announced Wednesday that Jon Favreau, who helmed the box-office hit "Jungle Book" remake, will direct the new "Lion King." He's also at work on a "Jungle Book" sequel.

The circle of life now inevitably leads to live-action remakes for Disney classics. The new "Lion King" follows in the wake of similar remakes for "The Jungle Book," "Cinderella," "Pete's Dragon" and the upcoming "Beauty and the Beast."

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The original 1994 "Lion King" grossed $968.8 million and won two Oscars, including one for the Elton John song "Can You Feel the Love Tonight." The Grammy-winning soundtrack sold more than 14 million copies. And the hit Broadway musical has been running for 19 years.

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