Leonardo DiCaprio, Regina Hall and Sean Penn.Photo:VALERIE MACON/AFP via Getty; Amanda Edwards/Getty; Michael Buckner/Variety via GettyPaul Thomas Anderson has gathered a star-studded A-list cast to bring his new film to life.TheBoogie Nightsdirector, 53, is set to helm an untitled film for Warner Bros. starringLeonardo DiCaprio,Sean PennandRegina Hall, which will begin production in California this month, according toDeadlineandVariety.While not much is known about the film, the outlets reported that the film will be set in a contemporary universe and will focus on a large ensemble cast, which has yet to be fully revealed.The movie is also rumored to have a hefty price tag that is approaching the $100 million mark, according toVariety.Anderson’s new film will follow his acclaimedLicorice Pizza, which got three Oscar nods for Best Picture, Best Original Screenplay and Best Director. Anderson has also gotten Oscar nominations for his filmsPhantom Thread,Boogie Nights, MagnoliaandInherent Vice.Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.Oscar winner Penn is no stranger to the director’s work, having starred inLicorice Pizzain 2021 alongside Alaina Haim.DiCaprio — who recently starred in the award-winningKillers of the Flower Moon— had previously gotten the chance to work with Anderson onBoogie Nightsbefore dropping out to star inTitanic, according toVariety. The lead role was then given toMark Wahlberg.This will mark Hall’s first time working with Anderson.

Leonardo DiCaprio, Regina Hall and Sean Penn.Photo:VALERIE MACON/AFP via Getty; Amanda Edwards/Getty; Michael Buckner/Variety via Getty

Leonardo DiCaprio, Regina Hall and Sean Penn to Star in Paul Thomas Anderson’s Next Movie

VALERIE MACON/AFP via Getty; Amanda Edwards/Getty; Michael Buckner/Variety via Getty

Paul Thomas Anderson has gathered a star-studded A-list cast to bring his new film to life.TheBoogie Nightsdirector, 53, is set to helm an untitled film for Warner Bros. starringLeonardo DiCaprio,Sean PennandRegina Hall, which will begin production in California this month, according toDeadlineandVariety.While not much is known about the film, the outlets reported that the film will be set in a contemporary universe and will focus on a large ensemble cast, which has yet to be fully revealed.The movie is also rumored to have a hefty price tag that is approaching the $100 million mark, according toVariety.Anderson’s new film will follow his acclaimedLicorice Pizza, which got three Oscar nods for Best Picture, Best Original Screenplay and Best Director. Anderson has also gotten Oscar nominations for his filmsPhantom Thread,Boogie Nights, MagnoliaandInherent Vice.Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.Oscar winner Penn is no stranger to the director’s work, having starred inLicorice Pizzain 2021 alongside Alaina Haim.DiCaprio — who recently starred in the award-winningKillers of the Flower Moon— had previously gotten the chance to work with Anderson onBoogie Nightsbefore dropping out to star inTitanic, according toVariety. The lead role was then given toMark Wahlberg.This will mark Hall’s first time working with Anderson.

Paul Thomas Anderson has gathered a star-studded A-list cast to bring his new film to life.

TheBoogie Nightsdirector, 53, is set to helm an untitled film for Warner Bros. starringLeonardo DiCaprio,Sean PennandRegina Hall, which will begin production in California this month, according toDeadlineandVariety.

While not much is known about the film, the outlets reported that the film will be set in a contemporary universe and will focus on a large ensemble cast, which has yet to be fully revealed.

The movie is also rumored to have a hefty price tag that is approaching the $100 million mark, according toVariety.

Anderson’s new film will follow his acclaimedLicorice Pizza, which got three Oscar nods for Best Picture, Best Original Screenplay and Best Director. Anderson has also gotten Oscar nominations for his filmsPhantom Thread,Boogie Nights, MagnoliaandInherent Vice.

Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.

Oscar winner Penn is no stranger to the director’s work, having starred inLicorice Pizzain 2021 alongside Alaina Haim.

DiCaprio — who recently starred in the award-winningKillers of the Flower Moon— had previously gotten the chance to work with Anderson onBoogie Nightsbefore dropping out to star inTitanic, according toVariety. The lead role was then given toMark Wahlberg.

This will mark Hall’s first time working with Anderson.

source: people.com