This project could also reunite Woolverton with Tim Burton as he's currently looking at it for his next project. The director got interested in the character this past summer when he was finishing up Alice in Wonderland.
At present there is no deal with Burton, but with Woolverton being hired the project is at least moving forward.
Sleeping Beauty shows Maleficent as "a tall green-skinned woman with horns who can morph into several forms, including a terrifying black and purple dragon." This character has shown up in a lot of Disney books and TV shows and is also a popular Halloween costume.
Maleficent will apparently tell the classic fairy tale from the "Mistress of All Evil's" point of view.
Maleficent was released May 30th, 2014 and stars Angelina Jolie, Elle Fanning, Sharlto Copley, Lesley Manville, Imelda Staunton, Juno Temple, Sam Riley, Brenton Thwaites. The film is directed by Robert Stromberg.