Actor Dwayne Johnson Makes HUGE Announcement at Disney’s Shareholders Event

dwayne johnson and aul'i carvahlo moana
Credit: USA Today

The annual meeting of The Walt Disney Company’s shareholders was held on Monday afternoon, and the company wasted no time making some very exciting announcements, including one from actor Dwayne Johnson.

Since Walt Disney first announced his Snow White and the Seven Dwarfs project in the mid-1930s, Disney Studios has been in the business of taking age-old fairy tales and other stories–many that have been passed down for generations–and breathing Disney life into them. Over the course of Disney’s 100-year history, those Disney classics have been the mainstay of entertainment produced by Walt’s beloved company.

Snow White and the Seven Dwarfs Holds its World Premiere - D23

Credit: Walt Disney Animation

But in the last several years, Walt Disney Pictures has been breathing life into its own classics, developing a virtual library of live-action films that tell the stories of those classics using live actors, rather than 2D animation, as well as CGI, to give new insight into the stories found within Disney’s beloved classic films. So far, Disney’s live-action films include a remake of Cinderella, The Lion King, The Jungle Book, Lady and the Tramp, Alice in Wonderland, and even a live-action musical that brings together the main characters and stories of timeless fairy tales, Into the Woods, starring such A-list actors and Emily Blunt, Johnny Depp, Meryl Streep, Samuel L. Jackson, and dozens more.

RELATED: Disney Issues Public Apology to Johnny Depp, Welcomes Him Back to “Pirates” Franchise

Into the Woods': Johnny Depp Sings 'Hello, Little Girl', How Disney Dealt With the Creepy, Sexualized Song – The Hollywood Reporter

Credit: Disney

But the decision on Disney’s part to revisit Walt’s old films and bring them back to a new life has been met with controversy over the years, as some fans want Disney to leave things as they are, and some are thrilled at the chance to go deeper into the stories within the classic films.

RELATED: Here’s Every Single #@*&$#@ Remake in the Works at Disney

Regardless of how fans feel about the live-action films, they’ll have one more to love or hate, according to an announcement at Monday’s shareholders event, hosted by Disney CEO Bob Iger and Disney’s board members.

In a video announcement for the company, actor Dwayne Johnson stands on the beaches of Hawai’i with his two little girls and shares the news: Disney is working on a live-action version of its 2016 animated film, Moana.

RELATED: Disney Sues Dwayne Johnson, Wins $30 Million Settlement in Illegal Streaming Sites Suit

Meet the Characters of Disney's 'Moana' | Fandom

Credit: Disney Fandom

Adding to the excitement of the brand-new live-action project at Disney, Johnson also shared that he and Aul’i Cravalho, who star in the animated version of Moana as Maui the demigod and Moana respectively, are on tap to produce the brand-new live-action film. You’re welcome!

About Becky Burkett

Becky's from the Lone Star State and has been writing since she was 10 and encountered her first Disney Park when she was 11. It was love at first Main Street Electrical Parade. Joy is blank lined journals, 0.7 mm pens, and all things Walt, Woody and Buzz, PIXAR, Imagineering, Sleeping Beauty (make it blue!), Disney Parks history and EPCOT. At Disney World, you'll find her croonin' with the birdies at the Enchanted Tiki Room or hangin' with Woody and the gang at Toy Story Land. If you can dream, you really can do it!