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The Andy Serkis project's original slot will be taken by Gerard Butler's 'Geostorm', while Dreamworks Animation shifts 'Kung Fu Panda 3' release date to avoid 'Star Wars'.
A bunch of actors who will voice Mowgli's animal companions are revealed along with the young actor to portray the sole human boy.
The 'Fifth Estate' actor will lend his voice to the man-eating tiger, ultimately pitting him against Idris Elba who will voice the villain in the rival project directed by Jon Favreau.
The Mowgli movie scripted by the 'Harry Potter' screenwriter is expected to hit theaters on October 21, 2016.
The Cesar of the new 'Planet of the Apes' franchise will sit behind the lens for the live-action adaptation, filling the vacant spot left by Alejandro Gonzalez Inarritu.
The 'Rush' director is in negotiations to replace Alejandro Gonzalez at the helm and serve as a producer with Steve Kloves.
A replacement is expected to be announced soon as WB is racing with Disney which also makes its own adaptation of Mowgli.