By Mandi Bierly
Updated February 26, 2009 at 04:25 PM EST

Leonardo DiCaprio’s production company, Appian Way, and The Kennedy/Marshall Co. (The Curious Case of Benjamin Button) are in talks with Warner Bros. to reboot the fantasy franchise The NeverEnding Story. According to The Hollywood Reporter, the new film would “examine the more nuanced details of the book [by Michael Ende] that were glossed over in the first pic.” DiCaprio’s Appain Way is also working on a live-action version of 1988’s Akira.