Perhaps it's cheaper to re-hash a story you already own, rather than actually risk an original story?
They are going to have to computer animate the cats, that ain't cheap.
The Aristocats isn't one of the more popular/iconic Disney cartoons so built in audience isn't what it would be for the remakes of
The Lion King, The Little Mermaid etc So I'm not quite sure what the appeal is here, possibly cross promoting the original?
I recall listening to a podcast around the time the abomination that is
The Lion King remake came out and one of the presenters said they knew someone working in the section of Disney that handled the remakes and there was already mild panic as they didn't have too many of the more popular/bankable Disney movies left.
That
The Lion King remake was truly an astounding technical achievement and simultaneously
The Death of Art. I cannot get over how lifeless, pointless and inert it was. The point of animation is you can anthropomorphise and stylise animals in
cartoony ways and get them to be appealing and doing things actual animal wouldn't. Photorealistic lions which all the look the same, with expressionless faces doing mostly typically things does not work in a fucking children's musical. Not to mention the uncanny valley nature of it all.
It made $1.6B and that alone proves humanity must end. They have a planned photoreal/"live action" prequel about Simba's dad, my guess is that this makes a quarter what the previous one made and they don't do it again. If you think I'm being hyperbolic, the second live action Alice movie did just over a quarter of the first.