Rob Marshall is set to direct, after helming the studio's sequel to Mary Poppins, Mary Poppins Returns.
"After an extensive search, it was abundantly clear that Halle possesses that rare combination of spirit, heart, youth, innocence, and substance -- plus a glorious singing voice -- all intrinsic qualities necessary to play this iconic role,” said Marshall in a statement, reported by The Hollywood Reporter.
An early 2020 production start is being planned.
Ron Clements and John Musker were behind the 1989 original, which won best original song and score for Alan Menken. For the new iteration of the fairytale, Menken will team with Lin-Manuel Miranda on the music.
Marc Platt, who worked with Marshall on Mary Poppins and exec produced Guy Ritchie's live-action Aladdin remake, is producing, Marshall and John DeLuca are also producer Mermaid as is Miranda.
Bailey is best known as one-half of the sister R&B duo Chloe x Halle, who signed to Beyoncé's Parkwood Entertainment label after gaining popularity with YouTube covers. The Little Mermaid would be a break-out role for Bailey, whose only other screen credit is as a supporting player on Freeform's Yara Shahidi series Grown-ish.
She is repped by CAA.
This article was originally published by The Hollywood Reporter