Emma Watson is Disney's new Belle

It's a tale as old as time. And one that seems perfectly suited to Emma Watson.

The 24-year-old Harry Potter star announced the big news on her Facebook page today: Disney has found its Belle for the upcoming live action Beauty and the Beast film.

Bill Condon, of Twilight saga fame, will direct from a script written by Stephen Chbosky, who directed Watson in The Perks of Being a Wallflower, notes The Wrap.

Disney's animated Beauty and the Beast has grossed nearly $425 million since its 1991 release, according to Box Office Mojo. The film won two Oscars - for original score and original song.