The first trailer for a live-action version of fantasy tale The Little Mermaid is doing the rounds but rest assured, it has nothing to do with Disney.

In fact, this reimagining - based on the Hans Christian Andersen fairytale - is from Congolomerate Media and Kingsway Productions (definitely not Disney). There is no Sebastian. No Flounder - there's even no Ariel.

There are, however, Elle (Loreto Peralta) and Cam (William Moseley), a young girl and reporter who travel to a small town in Mississippi to find a woman believed to be the real Little Mermaid. Poppy Drayton (Downton Abbey), Gina Gershon (Empire) and Shirley MacLaine round out the cast.

Disney is currently enjoying a run of remaking its animated classics, scoring one of the biggest box office hits of last year with its live-action Oscar-winning version of The Jungle Book.

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Its own live-action remake of The Little Mermaid is also in the works which is definitely not the one featured in the trailer above.

In the battle of the remakes, it seems Disney can probably breathe easy.