00:00Scarlett Johansson is circling the lead role in Nancy Meyers' upcoming feature for Netflix.
00:05Multiple sources tell The Hollywood Reporter that Penelope Cruz, Owen Wilson, and Michael Fassbender are also eyeing the comedy.
00:12The film will mark Meyers' return to the director's chair, as she hasn't helmed a movie since 2015's The Intern.
00:18The filmmaker, who is known for her upscale romantic comedies, will write, direct, and produce the project,
00:23which is currently known as Paris Paramount,
00:26although it's not clear if that's the actual title, a working title, or a codename.
00:30Sources say the story tells of a talented young writer-director who falls in love with a producer,
00:35with the pair ending up making several successful films before calling it quits romantically and professionally.
00:40The two are forced back together, however, when a great new project arises,
00:44and they find themselves teamed up again and having to deal with high stakes and volatile stars.
00:49The project is currently eyeing a budget in the $130 to $150 million range,
00:53meaning it could be the most expensive romantic comedy to come out of Hollywood,
00:58with the studio and filmmakers going back and forth over costs.
01:01For more on this story and the latest movie news, go to THR.com.
01:05For The Hollywood Reporter News, I'm Tiffany Taylor.
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