This is a stretch because as far as I can tell, this Joe Wright version of Peter Pan is an original story within J.M. Barrie's fictional universe. To be honest I think this trailer looks kinda bad; I think we can all agree that origin stories are getting old. But it's Joe Wright so it gets a free pass from me.
It seems like no one reads Peter Pan anymore because the various movie versions have reached such an intense level of cultural saturation that we take for granted that everyone knows the story. My three-year old niece is super into Peter Pan right now, for example, which means her memory of the Peter Pan story will go back to her very earliest memories, which probably means she won't be motivated to read the book. That's not going to deter me from buying it for her, because I force my reading tastes on her as much as possible, but also because it's a really great book. I would recommend it to someone as young as 12 but adults can enjoy it quite a bit too. And not surprisingly, it's even darker and weirder than the movie versions (okay, maybe not including 'Hook' which is its own special thing that we should also force on children).
On another note, wtf is up with Hugh Jackman's look?