Legends trods a familiar path of fairy tale deconstruction. It stars a number of famous fairy tale characters -- Red Riding Hood, Jack the Giant Killer, Goldilocks and Hansel and Gretel -- as wolf hunters, mercenaries, psychic exterminators, and just general badasses. They come together to investigate the murder of Pinocchio, and realize the killer is hunting all creatures of folklore.
Alice in Wonderland 3D has caused a rush on all fairy tale and fantasy properties (witness the assorted Oz projects scattered over Hollywood), and while Imagine Entertainment hasn't set up a studio, a writer, or a director, it's supposed that these things are not far behind. Considering the very similar (and long gestating) adaptation of Fables is inching closer to a television debut, I wouldn't be surprised to see this jump to the front of Imagine's queue. It's far more adaptable than The Dark Tower any day of the week.