Lin-Manuel Miranda moving from 'Hamilton' to 'The Little Mermaid'

Hot off the mega-hit musical Hamilton, Lin-Manuel Miranda has signed on to co-write the music for The Little Mermaid, a live-action adaptation of Hans Christian Andersen's beloved fairy tale that is taking shape at Disney, Mashable has confirmed.

Miranda will work alongside Alan Menken, who won two Oscars for his work on Disney's 1989 animated classic. Miranda will also produce the movie with Marc Platt, and the duo are expected to hire a writer in the coming weeks.

The latest Little Mermaid will reportedly feature a mix of new songs and selections from the animated film according to Deadline, which broke the news.

Miranda's Broadway sensation Hamilton recently won 11 Tony Awards, and it makes sense that he'd pursue a Little Mermaid project with the world at his feet -- he's a huge fan of the story and even named his son after Sebastian the crab.

Miranda is already in business with Disney, as he's set to star alongside Emily Blunt and Meryl Streep in the studio's Mary Poppins sequel. He also worked on its upcoming animated movie Moana.

Disney isn't the only studio developing a live-action adaptation of The Little Mermaid, as Universal has a project that has Chloe Grace Moretz slated to star. These wouldn't be the first competing projects in recent Hollywood history, as the Snow White movies Mirror Mirror and Snow White and the Huntsman were released within months of each other, while Warner Bros. pushed its Jungle Book movie to 2018 following this year's success of Disney's take on the Rudyard Kipling tale.