The remake train just keeps on rolling, and this time its making a stop at Disney. According to Variety, Disney is pushing full speed ahead to produce and distribute a remake of their first live action feature, 1954′s 20,000 Leagues Under the Sea. The studio has tapped Terminator: Salvation director McG to head the project newly titled, 20,000 Leagues Under the Sea: Captain Nemo.

The 1954 original “20,000 Leagues Under the Sea” was the first live-action film made by Walt Disney, who famously bet his studio on a movie best remembered for the giant squid scene. It became the second-highest grossing film that year and won three Oscars. The film has also been the basis for various rides at the Disney theme park over the years.

As we should all know, 20,000 Leagues Under the Sea is based on the popular Jules Verne book of the same name. The original film co-starred Kirk Douglas, Peter Lorre, and James Mason in the role of Captain Nemo.

Disney is looking for the film to be made within the year.