https://variety.com/2019/film/news/leon ... 203157581/
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.”
Del Toro will direct the pic and co-wrote the script with Kim Morgan. The pic is being produced and financed by Guillermo Del Toro and J. Miles Dale with TSG Entertainment, with Fox Searchlight acquiring worldwide distribution rights to the film.
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.
The plan is for the film to shoot in the fall as del Toro fills out the remaining roles.