While it is neither recent, nor actually Barbara and Michael, Albert "Cubby" Broccoli produced "Chitty Chitty Bang Bang", based on the children's thriller authored by Ian Fleming. He went overboard in an attempt to "Disneyfy" the property, making major changes to the storyline and how the characters interact, going so far as to hire the Sherman Brothers, a known Disney composing pair, to write the songs and other music.
In some ways, it was an effective effort. From the age of 5 to about 25, I had an undefined loathing for the film that I only realized the source of when I watched it again at the older age. The character of the Child-Snatcher (other sites call him the Child-Catcher) terrified me so much as a small boy I had blotted him from my memory, and it was this fear that made me unwilling to rewatch the film for two decades.
Incidentally, I had the opportunity to ask Dick Van Dyke if Disney had had anything to do with the making of the film soon after my seminal rewatch. He said "No, and it would have been a better film if he had!"
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