EXCLUSIVE: A new animated feature based on the Grimm’s fairy tale The Bremen Town Musicians is on its way from animation/production company Parallax Media Ventures. Musical will mark the animation team’s first animatic. With a budget of about $60M, the picture is being eyed for a 2017 release and will be marketed as a family film. The fairy tale is the story of four animals — a rooster, a donkey, a cat, and dog — who form a band to win a music contest in Germany.

The project, which features about 3,200 storyboard images and paintings, will be featured for private viewing at this week’s American Film Market.

MusicalParallax was founded this year by Kevin Richardson, a former executive and senior producer at Nickelodeon, Electronic Arts and Mattel. He initially became interested in The Bremen Town Musicians while running the German wing of the European studio Grouping with Didier Brunner, the talent behind the 2004 Oscar Best Animated Feature nominee The Triplets Of Belleville.

song_ats7reRichardson describes this project as Shrek meets Frozen and Lord Of The Rings. “I’ve always wanted to see an animated feature that shows characters focused on overcoming seemingly insurmountable obstacles, inflexible cultural beliefs and self-doubt,” said Richardson, who also serves as executive producer.

The team of animators at Parallax have, among all of them, worked on such films as The Little Mermaid, Finding Nemo and Mulan, to name a few.