Variety is reporting that Leonardo DiCaprio is in negotiations to star in Fox Searchlight’s Nightmare Alley.
Guillermo del Toro will direct the remake of the 1947 film that starred Tyrone Power. He and and J. Miles Dale, along with TSG Entertainment, are producing and financing the film. Fox Searchlight is set to distribute it.
del Toro co-wrote the script with Kim Morgan, and their version will be more based on the William Lindsay Gresham novel of the same name. Filming is set to begin in the fall.
You can listen to our review of the Nightmare Alley (1947) here.