King of the Elves

King of the Elves is an upcoming American 2D traditional animation/CGI live-action film produced by Walt Disney Animation Studios scheduled for release during the 2012 Christmas season.[1] It is currently slated to be Disney's 50th animated feature and will be presented in Disney Digital 3-D.
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Based on Philip K. Dick's 1953 short story fantasy King of the Elves, the film is about a band of elves and one dwarf living in the modern-day Mississippi Delta who name a local man their king jasper after he helps save them from an evil troll.