Could it be? Maybe. But it sounds like the resulting Disney-fied complete reboot could be a very different animal from the show we Browncoats knew and loved.
My source tells me that Disney is in early development on a Firefly reboot. The new show would start the story of Captain Mal Reynolds and his crew aboard the Serenity over from scratch, with an aim to make this a long-running series on Disney+. There is a twist here and the twist is that they see the show as ideal family-friendly programming for Disney+. My source tells me they're planning to target it more at a PG-adventure, family audience and less at the sort of PG-13 dynamic the original Joss Whedon show went for.
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Image: promotional image