It’s Really Happening! Mufasa: The Lion King
The film will reportedly be told in two different time frames, as Timon, Pumbaa, Rafiki, and tell the origin story of Mufasa to a new cub, whilst we see Mufasa rise to royalty.

We now have the first details surrounding Disney's computer-generated live-action prequel to "The Lion King". During Walt Disney Studios' panel at D23 Expo on Friday, director Barry Jenkins revealed that the film will be titled "Mufasa: The Lion King", and is scheduled to premiere in theaters in 2023.
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The trailer opens at Pride Rock with a voiceover from Rafiki and a snatched melody from the quintessential Lion King soundtrack. Swooping across the Pridelands, we see baby Mufasa caught in a flood and washed away... so, it looks as though this homeless cub will be forced to maneuver this tough world alone. This story is sure to be an epic one.