Hmm, interesting that Disney opted not to produce this one. The Village may have fell well short of Signs and The Sixth Sense, but it still pulled in $250 million worldwide and I bet DVD sales were alright.The Hollywood Reporter said:M. Night Shyamalan will next write and direct the fantasy thriller Lady in the Water for Warner Bros. Pictures.
The movie centers on the superintendent of an apartment building who finds a rare type of sea nymph swimming in the apartment pool.
Production will begin in August on location in Philadelphia, for a release in July 2006.
Shyamalan's last four films - The Sixth Sense, Unbreakable, Signs and The Village - were distributed by Disney. The studio and Shyamalan discussed "Lady," but the two decided mutually to part ways on the project.
I have no idea what to make of that plot description.