The movie also stars Misty Copeland and Mackenzie Foy, reported Variety.
The project is based on the 1816 story "The Nutcracker and the Mouse King" by ETA Hoffmann.
The story revolves around a girl named Clara, who is charged by her parents with taking care of a Christmas toy Nutcracker doll - which comes to life and defeats an evil Mouse King with seven heads.
Lasse Hallstrom is directing the movie from Ashleigh Powell's script. Mark Gordon is producing. Lindy Goldstein is executive producing.