A big screen adaptation of Bill Willingham’s Vertigo Comics series Fables has been in the works for some time now, but we now have our first update since A Royal Affair director Nikolaj Arcel became attached.

Jane Goldman is working on Arcel’s initial draft, putting the project one step closer to becoming a reality according to producer David Heyman. “[Arcel] did a draft, and now he’s supervising Jane, who’s doing a draft,” he reveals. “Hoping that it’ll come in and we’ll be able to move to the next stage. All these things always take longer than you want. And ‘Fables’ is not easy, by any means, but I think it’ll be pretty great.”

Goldman is no stranger to comic book adaptations after working with Matthew Vaughn on Kick-Ass, X-Men: First Class, and the upcoming Kingsman: The Secret Service. She will next work with Tim Burton on Peregrine’s Home for Peculiars, a movie which is currently expected to be released next year.

For those of you unfamiliar with the critically acclaimed comic book series, Fables imagines that all the characters from the world?’s most beloved storybooks are real – real, and living among us, with all of their powers intact. From Snow White and the Big Bad Wolf, to Goldilocks and Little Boy Blue, these beloved characters are alive and well – but they?’ve been exiled from the land of fairy tales. Escaping the mysterious Adversary, they have relocated to a magically-camouflaged New York City neighborhood known as Fabletown. To survive in the mundane world, the Fables will have to fight for their happily ever after.

Fables has a lot of potential as a movie, and the addition of Goldman is definitely a smart move for bringing the beloved tale to the big screen. When that will be remains to be seen, but stay tuned for further updates!