Over the course of its run, the Vertigo series Fables has grown into one of the most critically lauded titles in mainstream comics. Easily the most successful project in the long comics careers of creator and writer Bill Willingham and artist Mark Buckingham, the acclaimed story of Snow White, Big Bad (Bigby) Wolf, Prince Charming and more legendary fairytale characters living among civilians in New York has won multiple awards, and now stands as the second longest running series in Vertigo's history.

Despite it's popularity and critical success, it's never been adapted to any other medium. According to The Hollywood Reporter, that may soon change, as the site is reporting that a Fables film is in the works, with Danish filmmaker Nikolaj Arcel attached to direct. David Heyman and Jeffrey Clifford, who previously worked on the Harry Potter films, have been brought on as Producers.Arcel's directorial work includes the Academy Award nominated The Royal Affair, and an upcoming remake of the Alfred Hitchcock film Rebecca. The Fables movie will be written by Jeremy Slater, who previously wrote the screenplay for the planned Fantastic Four reboot.

This isn't the first attempt to adapt Fables to the big screen. In 2004, DC Comics' parent company Warner Bros. tried to develop a Fables movie in conjunction with the Jim Henson Company, but it never even reached the writing stage. Four years later, ABC attempted a TV treatment which would have been directed by David Semel (American Horror Story). That also failed to develop, and the network would eventually launch Once Upon A Time, a series with a similar premise.

Launched in 2002, Fables tells the story of various fairytale characters hiding in plain sight in New York City, after a mysterious foe known only as The Adversary forces them out of their Homelands.

No date is set for the film's release.