Although the film is still without a director, Alethea Jones is believed to be a frontrunner to helm the project, which is scheduled for release on June 29, 2018.
Barbie is being produced by Walter F. Parkes, Laurie MacDonald and Amy Pascal.
Anne Hathaway is talking about stepping into the role of Barbie for Sony Pictures, though the studio said "it is premature".
Mattel president and COO, Richard Dickson, who has worked to modernise the brand during the past two years, will serve as executive producer.
While Hathaway isn't a stand-up comedian like Schumer, she has shown incredible comedic timing in films like "The Devil Wears Prada" and "Get Smart".
Branden Grace shoots majors record as Jordan Spieth leads British Open
Jordan doesn't beat you with a insane par, or a insane chip-in. "Jordan semi had the wheels coming off on 13 with that tee shot". Nicklaus was about six months younger than Spieth when he won the 1963 PGA Championship for the third leg of the Grand Slam.
The movie is now slated for released on June 29, 2018.
Schumer's take on the story was that of Barbie being kicked out of Barbieland for not being ideal, thus taking her on a journey through the real world where - you guessed it - nobody's flawless either.
The movie was to follow Barbie's journey and adventure in the real world, while promoting the message of body acceptance.
They include a spot in the ensemble cast of next summer's Ocean's Eight, as well as Nasty Women, the Dirty Rotten Scoundrels remake that casts her alongside Rebel Wilson.
Hathaway is repped by CAA and Management 360. This might be hampered by Hathaway's schedule.
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