Hot on the heels of the release of Disney’s live action “Beauty and the Beast” trailer — which broke the record for most views in 24 hours (previously held by “Star Wars: The Force Awakens”) with a stunning 92 millions hits — Disney has started making rumblings about a live action “The Little Mermaid.”

Deadline reports that the higher-ups at Disney are considering moving forward with the project, and a few producers have already had discussions about the possible live action reboot.

It’s an entirely unsurprising move, considering how other Disney live action adaptations have been performing at the box office in the past few years.

RELATED: Chloe Grace Moretz going under the sea for live action ‘The Little Mermaid’

On the other hand, the news presents an interesting conundrum, considering there is already a live action “Little Mermaid” movie in the works at Universal. Depending on when these respective films get release dates, this debacle could turn into The War of the Two Mermaids — which coincidentally is another movie we’d absolutely go see.

According to Chloe Moretz, who has been cast as Universal’s underwater princess, the two movies may end up being incredibly different.

“A modern revisionist tale is kind of what we’re going after,” Moretz tells Entertainment Tonight, “You know, making it progressive for young women in this day and age.”

The Universal film may also follow the original fairytale more closely, rather than sticking to the Disney version of the story. We’re not sure there will be quite as much murder and suicide as Hans Christian Andersen’s version, but if so, that would definitely set them apart from Disney’s retelling.

RELATED: ‘Beauty and the Beast’: Emma Watson makes her debut as Belle in first trailer

As for Disney’s adaptation, there is little to no news on the film yet, since it has still not been officially announced.

If the recent “Beauty and the Beast” movie is any indication, however, a live action “The Little Mermaid” will follow the 1989 animated film very closely. Get ready to see Ursula, Sebastian, Flounder and King Triton brought to life with some impressive CGI magic!

Posted by:Lindsay MacDonald

Lindsay MacDonald is a Los Angeles based entertainment reporter with an affinity for CW superheroes. She graduated from Pepperdine University with a major in Media Studies and a borderline unhealthy obsession with TV in 2012. She would much rather spend the day binge-watching ‘The Flash’ or sorting ‘Game of Thrones’ characters into Hogwarts houses than venturing outdoors. TV words to live by: “Never ignore coincidence. Unless, of course, you’re busy. In which case, always ignore coincidence.”