He is repped by LBI Entertainment.” />
The plan is for the film to shoot in the fall as del Toro fills out the remaining roles.
Miles Dale with TSG Entertainment, with Fox Searchlight acquiring worldwide distribution rights to the film. The pic is being produced and financed by Guillermo Del Toro and J. Del Toro will direct the pic and co-wrote the script with Kim Morgan.
Leonardo DiCaprio is in negotiations to star in Fox Searchlight's remake of "Nightmare Alley," Guillermo del Toro's follow-up to his Oscar-winning film "The Shape of Water."
The film is based on the 1947 Fox movie that starred Tyrone Power as an ambitious young con-man who hooks up with a female psychiatrist who is even more corrupt than he is. At first, they enjoy success fleecing people with their mentalist act, but then she turns the table on him, out-manipulating the manipulator.
Sources close to del Toro say the film will be based on the William Lindsay Gresham novel of the same name.
DiCaprio has not been seen in a movie since his Oscar-winning performance in "The Revenant" in 2015, choosing to take some time off before signing on to star in Quentin Tarantino's next film, "Once Upon a Time in Hollywood." That film, which also stars Brad Pitt and Margot Robbie and centers on the Manson family murders, is scheduled to bow on July 26.
After "The Shape of Water" went on to win several Oscars, including best picture and best director for del Toro, the auteur decided to hold off on picking his next directing gig, only focusing his efforts as a producer on the Searchlight movie "Antlers."