Stop us if you’ve heard this one: A director noted for combining well-received comedy with groundbreaking technological innovations has just signed on for a new project at Disney, in which a wise-cracking cartoon rabbit will interact with live-action human characters. You guessed it: Jon Favreau’s making an Oswald The Lucky Rabbit TV show.

Jon Favreau is writing and producing an animation/live action hybrid series about Oswald the Lucky Rabbit for Disney+ from Walt Disney Studios.

Decades later, in one of the strangest deals in Hollywood history, Disney CEO Bob Iger would trade the contract of sportscaster Al Michaels to Universal-owned NBC for, among other things, the rights to Oswald the Lucky the Rabbit and all the original cartoons that Walt and his animators had created.

Iron Man director Jon Favreau is developing a new hybrid series about Walt Disney's pre-Mickey Mouse cartoon character, Oswald the Lucky Rabbit.

It was revealed that Disney would be remaking one of the studio's founding figures with a series starring Oswald the Lucky Rabbit, with Favreau at the helm. Although we're thrilled to see Oswald bound his way back into action,

Jon Favreau is reportedly developing a new hybrid live-action/animated series centered on Oswald the Lucky Rabbit. The Walt Disney Studios project, which Favreau is writing and producing, marks the latest effort to spotlight one of Disney’s most historically significant characters.

Jon Favreau, director of Disney’s remakes of The Jungle Book and The Lion King as well as creator of The Mandalorian, is taking on another classic character from the Disney library: Oswald the Lucky Rabbit.

Jon Favreau is developing another project with Disney that will blend animation and live-action. After shaping the Star Wars universe on Disney+ with The Mandalorian and revamping Disney classics like The Jungle Book ,