00:00Paul Thomas Anderson fans, rejoice!
00:02A new movie from the filmmaker behind
00:03There Will Be Blood, Inherent Vice,
00:05Boogie Nights, and more acclaimed films
00:07is returning to his San Fernando Valley roots
00:09to make a new movie set in the 1970s.
00:12The Hollywood Reporter has learned the untitled film
00:14will be centered on a high school student
00:16who is also a successful child actor.
00:18Anderson will write, direct, and produce the project.
00:21Sources say casting is underway to find the lead,
00:23and the project features a multitude of roles.
00:25It also could be ensemble in nature
00:27or have intersecting storylines.
00:29Sources say Anderson's project is planning
00:31to go into production in February 2020.
00:34Representatives for Anderson declined to comment.
00:36Three of Anderson's previous films
00:37are also set in the San Fernando Valley,
00:39the northern stretch of L.A. where the filmmaker grew up.
00:42Those are 1997's Boogie Nights,
00:44starring Mark Wahlberg and Burt Reynolds.
00:46You are fired!
00:47What?
00:48You're fired!
00:49You're fired!
00:501999's Magnolia, whose cast includes
00:52Tom Cruise and Julianne Moore, among others.
00:54What did he say?
00:55Because I am not gonna take care of him.
00:57What does he want?
00:58And 2002's Punch Drunk Love,
01:00featuring Adam Sandler, Emily Watson,
01:01and Philip Seymour Hoffman.
01:04I have a love in my life.
01:06It makes me stronger than anything you can imagine.
01:09Anderson's last film, 2017's period drama Phantom Thread,
01:13starring Daniel Day-Lewis and set in 1950s London,
01:16was the first time the filmmaker made a movie
01:18outside of the U.S.
01:19The film was nominated for six Oscars,
01:22winning for costume design.
01:23Are you sent here to ruin my evening?
01:25And possibly my entire life?
01:27Stop it!
01:27For more on this story, head to THR.com.
01:30Until next time, for The Hollywood Reporter News,
01:32I'm Tiffany Taylor.
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