Watch: Emma Watson returns to the world of magic in Disney's live-action 'Beauty and Beast' teaserMay 24(AZINS) Disney released the teaser trailer for its live-action film Beauty and the Beast. This is the third animation film to be made into a live action film by Disney, after Cinderella and global hit The Jungle Book.

In the trailer, we see Beast's palace as cobwebs settle on it and floors crack. In the voiceover we hear, Ian McKellen as Cogsworth and Ewan McGregor as Lumiere.

We see Beast as a young boy in portrait with his parents, before being cursed. The camera pans to the enchanted rose given to him by the enchantress, behind which we get a glimpse of Harry Potter star Emma Watson as Belle. Beast must fall in love before the flower withers and the last petal falls on his 21st birthday.

Disney's Beauty and the Beast first released in 1991 and was nominated for an Oscar for Best Picture.The live action film is directed by Bill Condon whose previous directorial credits include Twilight: Breaking Dawn Part 1 & 2 and Dreamgirls. Condon was screenwriter for Oscar-winning film Chicago.

The cast of the film includes Emma Thompson as Mrs Potts, Luke Evans as Gaston and Beast as Dan Stevens along with Stanley Tucci, Audra MAcdonald, Josh Gad and Kelvin Kline in pivotal roles.

Songs from the original film will be re-recorded by Oscar-winning composer Alan Menken with Tim Rice.

Beauty and the Beast is set for release March 17, 2017.