Disney is planning to build a Robin Hood franchise. The company has acquired the spec for "Nottingham & Hood", a new take on the classic story written by Brandon Barker, AceShowbiz said citing Deadline..

The upcoming project, which has not named a director, reportedly is planned in the tone of "The Pirates of Caribbean". Alex Heineman and Andrew Rona of The Picture Company will produce the flick, while Tendo Negenda and Foster Driver are overseeing the project.

Back in October, Sony was reported to purchase a project called "Hood". The flick, which was described as a "Mission: Impossible" meets "Fast and Furious" movies, reportedly will be in "shared universe" just like "The Avengers".

There are some actors who have tried their hand at portraying the good-hearted outlaw. Back in 1938, Errol Flynn played the character in the flick directed by Michael Curtiz. Most recently, other stars who have played the character include Sean Connery, Kevin Costner and Russell Crowe.