Once Dumbo becomes an overnight sensation, theme park mogul V.A. Vandevere buys Dumbo’s circus and brings it to his Dreamland amusement park so that Dumbo can be his star attraction.
1941’s Dumbo is barely over an hour long, so a modern day remake would naturally have to reenvision most of the original to fit a two-hour runtime.
From there, the film is about Dumbo preparing for his debut while the Farriers hatch an escape plan after learning that Vandevere isn’t such a nice guy.
About the first 30 or so minutes of the movies are the same before the remake deviates from the path.