And I did. Basically it was the same story, but I never knew that the giants really walked on our earth and did massive damage. In the Andersen story, the giant ran after Jack in his land in the sky and fell to the earth to his death when Jack cut down the beanstalk.
In this new movie version, the giants came to earth and were driven away to the land in the sky, waiting for their opportunity to return. One greedy man from earth is enough to make their return possible. Jack also gets a princess as his wife in the end.
Jack and the Beanstalk is a British fairy tale, and it's interesting to see how the magic crown used to defeat the giants here were cast into the royal crown.