The adaptation will reportedly feature new songs by Hamilton's Lin-Manuel Miranda and Alan Menken. I've heard that Marshall has been offered the movie, is reading the Jane Goldman script and will take until after the holidays to decide.
Marshall was nominated for an Academy Award for directing "Chicago". If he made a decision to take on The Little Mermaid, it would be his fourth film with the studio.
This won't be the first time Marshall will have worked for Disney if he accepts. He's also helmed Memoirs of a Geisha as well as Pirates of the Caribbean: On Stranger Tides, and Into the Woods, both over at Disney, so their offering of the big job is an obvious one as Marshall certainly has the chops.
THE LITTLE MERMAID is one of a slew of Disney live-action remakes now in the works, including ALADDIN, starring Will Smith as Genie, and THE LION KING, starring Beyonce. Almost done is Aladdin with Will Smith playing the genie, and next up is The Lion King, with Beyonce heading that ensemble.