The cult '80s television show will return as a live-action/CGI hybrid, according to The Hollywood Reporter.
The studio has acquired the rights to the property, which centred around the wealthy and mysterious Dr Jonathan Chase, a man who used his ability to transform into any animal to fight crime.
The show's creator Glen A Larson - who was responsible for '80s hits including Magnum P.I., Knight Rider and Battlestar Galactica - is attached as producer on the movie.
Manimal debuted in 1983 and was cancelled after eight episodes, but later went on to attain cult status.
The original show starred Simon MacCorkindale and Flash Gordon actress Melody Anderson.
No talent is currently attached to Manimal.