Lionsgate has acquired North American rights to the computer-animated family comedy "Happily N'Ever After," starring Sarah Michelle Gellar, Sigourney Weaver, Freddie Prinze Jr., George Carlin, Wallace Shawn and Andy Dick says The Hollywood Reporter.

Directed by Paul J. Bolger from a screenplay by Robert Moreland, the film is a satirical retelling of the classic Cinderella story and is set in Fairy Tale Land, where the age-old balance between good and evil has been thrown out of whack.

Led by Cinderella's (aka Ella) power-mad stepmother, an unholy alliance of bad guys takes on the good guys. When Ella sees her own fairy tale take a radical turn, she sheds her damsel-in-distress trappings to lead the resistance.

The film is currently scheduled for a release early next year.