Paramount Pictures has acquired worldwide rights to Damien Chazella's upcoming feature film "Babylon," sources report Variety .
Insiders have dated the studio's film for a limited release on December 25, 2021, with the intention of extending it on January 7. The release date brings Chazelle, who won an Academy Award for best director for "La La Land", in the best position for another season run.
The project hit the market for the first time in the summer, and insiders say Paramount vied with Lionsgate for distribution rights. Emma Stone and Brad Pitt are in talks with stars, but according to sources, no contracts have been signed for either Stone or Pitt.
The plot details are vague, but "Babylon" is said to be transitioning from silent movies to talkies and will reveal a mix of real and fictional characters, much like Quentin Tarantino's "Once Upon a Time in Hollywood". While the exact budget is yet to be determined, sources have indicated that Chazelle will put together an All-Star ensemble with whom to share the canvas Stone and Pitt. Olivia Hamilton, Matt Plouffe, Tobey Maguire and Marc Platt produce "Babylon".
Adam Siegel and Helen Estabrook produce in detail.
The project marks Chazelle's first film since his Neil Armstrong image "First Man" starring Ryan Gänschen. He recently worked on the Netflix series "The Eddy".
Chazelle is resent by WME.