Morgan Freeman, Diane Keaton 'Life Itself'

Loncraine directing comedy set in New York

Morgan Freeman and  Diane Keaton will star together for the first time in the comedy “Life Itself” with Richard Loncraine directing.

Project was introduced at Cannes, where Myriad Pictures is selling international rights. CAA and WME Global co-rep North American rights.

Freeman’s Revelations Entertainment will produce “Life Itself” in association with Latitude Prods. Producers are Lori McCreary, Curtis Burch, Charlie Peters and Tracy Mercer. Freeman is exec producing.

Script, written by Charlie Peters,  is based on Jill Ciment’s novel “Heroic Measures.” Keaton and Freeman will play a long-married New York City couple who find themselves in a real estate bidding war when they put their downtown apartment on the market — forcing them to deal with possibility of moving from the home where they have spent most of their adult lives.

Freeman is in “Oblivion” with Tom Cruise and will be seen next in Summit’s “Now You See Me.” Keaton is in “The Big Wedding.”

Loncraine’s credits include  “My One and Only,” “Firewall” and “Wimbledon.”

Keaton is repped by WME. Revelations and Freeman are represented by CAA. Loncraine is represented by WME and Casarotto Ramsay & Associates.

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