The CG-animated The Day Of The Dead will be produced by Guillermo del Toro and Reel FX, the animation and live-action development and production studio run by former ILM exec Ed Jones Ed Jones and ex-Walden Media CEO Cary Granat. Del Toro will also present the film, which is being directed and co-written by Jorge R. Gutierrez (El Tigre) and is being eyed for a fall 2014 release. Aaron Berger and Carina Schulze of Chatrone also are producing. The story centers on a Romeo and Juliet-style love story set against a Mexican “Day of the Dead” backdrop. It’s the first time since 1993′s Cronos that del Toro has collaborated on a feature in Mexico. “I have admired Jorge’s work for a long time. He has a unique aesthetic and sense of humor. Day Of The Dead offers a perfect opportunity for his sensibilities to shine,” del Toro said. “This is a colorful, vibrant, vital fable that utilizes the animation medium in an incredible way.”

Reel FX is currently working on an animated feature adaptation of the Dark Horse graphic novel Beasts Of Burden, produced by Andrew Adamson (Shrek) and Aron Warner; and Turkeys, a CG-animated comedy directed by Jimmy Hayward (Horton Hears a Who!). The studio also recently collaborated on the production of the 3D film Cirque du Soleil’s Worlds Away, written and directed by Adamson and executive produced by James Cameron. That film is in post-production and set to debut late this year via Paramount.