The project will be financed by Emmett/Furla/Oasis with plans to start production in September. IM Global topper Stuart Ford will be selling international rights to “Labor of Love” in Berlin.
Randall Emmett and George Furla are producing with Shyamalan and Ashwin Rajan through their Blinding Edge banner.
Shyamalan and Willis teamed on 1999’s “The Sixth Sense” and 2000’s “Unbreakable,” both of which are set in Philadelphia.
Shyamalan’s “Labor of Love” script — written prior to “The Sixth Sense” — centers on a Philadelphia book store owner who is troubled that he never told the love of his life his true feelings before she was lost in a tragic accident.
Shyamalan and Emmett/Furla/Oasis are represented by WME. Willis is repped by CAA.
The news was first reported by Deadline Hollywood.