Produced by The Jim Henson Company and ShadowMachine in co-production with Necropia Entertainment, "Pinocchio" was announced by Del Toro in 2008 and originally scheduled to be released in 2013 or 2014, but the project went into development hell. In January 2017, McHale was announced to co-write the script, but in November 2017, the production was suspended as no studios were willing to provide financing. The production was revived the following year after being acquired by Netflix. It is set to be released in December 2022.