Since it just came out as a live action film how does the original 90s Beauty and the Beast compare.

The tale as old as time is about a prince cursed to become a beast among the many servants who are cursed to become his furniture, over time as the petals fall more of their humanity goes away until someone can love the beast for who he is; enter Belle who is classed as perculiar for wanting to spend all day reading and dreaming of adventure. When her father becomes prisoner for ending up in the wrong place at the wrong time Belle replaces him at the castle only for a series of events to unfold which ends in Beast saving Belle's life from wolves. As the two become closer leading up to a romantic ball scene, the town finds Belle's father Maurice guilty and is about to be sent to a mental asylum until Beast decides to let Belle go which ends up mistakingly leading Gaston and the town to the castle to destroy the Beast. After the confrontation ends and Beast is wounded by gun shot and Gaston falls to his death, Belle declares her love for the Beast and he's brought back to his human form along with his servants.
Hardly a spoiler the live action movie is pretty much word for word, song for song bar alot more story explanation from the live action film on why certain things are as they are, which gives the live action film some considerable edge over this animated counterpart, but the animated version is still very much whimsical and still remains one of only two animated films to compete for a best film oscar, the other being Up.
So in comparison both have their merits but compared to how CInderella went in Live Action it's far much superior in quality.
In conclusion I do wait to see what can be done next with other live action versions of popular Disney movies but is this live action version better than the animated?
Yes on the better story
Yes on improving and adding side characters
Not quite on whimsical and scale, as that ballroom scene is still hard to beat in any media let alone a faithful live action recreation.