The story would chronicle the life of Santa as he embarks on a hero's journey through an enchanted realm and into a confrontation with the heart of evil, ultimately revealing the origin of the world's best-loved Christmas legend.

The film is to be directed by Tom Tataranowicz, Rich Arons and Dick Sebast.

The team boasts a supporting team of artists who have worked on films such as Finding Nemo, The Lion King, and Iron Giant.

Image: Customers looks at colorful lanterns for sale along a Manila sidewalk. | Photograph: Romeo Gacad/AFP/Getty Images

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