"To stand that kind of test of time is pretty formidable," says Levy, who will produce the film through his company, 21 Laps. "People read them as kids and can now read them to their kids. Any piece of culture that proves that enduring has something special in its DNA."

Though his next film is the more adult Tina Fey-Steve Carell comedy Date Night, the Berenstain films "happen to fit firmly within the wheelhouse of family-genre comedy I do, whether it's Cheaper by the Dozen or Night at the Museum," Levy says. "It's warm-hearted comedy about family, and a different kind of family."

Writers have yet to be hired, but Levy says he wants the film to be an original story incorporating details from some of the more popular Berenstain books.

"I'd like the film to be un-ironic about its family connections but have a wry comedic sensibility that isn't oblivious to the fact that they're bears," Levy says. "The comedy comes from this bear family coexisting in a more recognizably real world."