The studio is looking at a 2016 release date for the film. Victoria Strouse (2008′s The Apostles of Infinite Love) is writing the script, while Lindsey Collins is the producer.
Stanton was a co-director of the original Nemo. He ran into rough waters with his live-action debut, Disney’s John Carter, which forced the Mouse House into a $200 million writedown.
The new Pixar release will occupy most of Stanton’s time for about the next four years. The original Nemo won several Oscars, including one for best animated picture.
The studio is working on three new projects. The Good Dinosaur, directed by Bob Peterson, is scheduled for release May 30, 2014. An untitled inside the mind project by Pete Doctor (Up) is slated to reach theaters June 19, 2015.
Another untitled movie — about Dia de los muertos — by Nemo co-director Lee Unkrich, is planned, but no release date has been announced.