HandMade chairman Guy Collins struck the deal with Entertainment's Nigel Green.
The film will star Uma Thurman and newcomer Jordana Beatty.
Collins said: 'Licensing the first of the major worldwide territories on the film to Entertainment sets the bar at a very high level. We are delighted to continue our relationship with Entertainment on this film which forms the cornerstone of Handmade's business.'
The live-action feature will be directed by Charles Shyer based on Kay Thompson's classic Eloise books.