Deadline - "Paul Thomas Anderson & Warner Bros Set Leonardo DiCaprio, Sean Penn, Regina Hall In Film To Shoot This Year"
"Warner Bros has Paul Thomas Anderson set to direct Oscar winners Leonardo DiCaprio and Sean Penn as well as Regina Hall in an untitled film that will begin production this year in California. Anderson wrote the script, and he will produce the film with Sara Murphy and Adam Somner.
The film is currently untitled and they’re keeping the logline under wraps. We have learned that it is a contemporary setting and it is the most commercial one PTA has attempted, with commensurate budget. It came out of a relationship that Warner Bros Picture Group co-chairs/CEOs Michael De Luca and Pam Abdy built making PTA’s last film, Licorice Pizza, while they ran MGM. That film got three Oscar noms for Best Picture, and Best Screenplay and Best Director for PTA."