James and Dave Franco’s ‘The Disaster Artist’ Headed for New Line

New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.”

James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber.

The film takes a fun, in-depth look at how Tommy Wiseau came up with the idea of the film hailed by many as one of the worst films ever made. James Franco will play Wiseau while Dave Franco will play Greg Sestero, who co-starred in the film. While many consider it a bad movie, its cult following is wide; theaters across the nation still play the film on midnight runs over the weekend, with many of the screenings involving fan participation similar to “The Rocky Horror Picture Show’s” midnight screenings.

Good Universe is producing along with James Franco and Point Grey Pictures principals Seth Rogen and Evan Goldberg.

“The Disaster Artist” will mark one of the first films where the Franco brothers will be working together, along with the indie “Zeroville,” which James also helmed. James Franco can be seen next in his Hulu series “11/22/63,” while Dave Fanco has a handful of films set to bow in the next year including “Now You See Me 2” and “Neighbors 2: Sorority Rising.”

Both are repped by CAA.

More Film

  • China Box Office: ‘Coco’ Stays Tops

    China Box Office: ‘Coco’ Stays Tops Ahead of ‘Paddington 2’

    New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.” James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber. The film takes a fun, in-depth look […]

  • IFFAM: Pang Ho-cheung Readies Three Part

    IFFAM: Pang Ho-cheung Readies Martial Arts Three-Parter

    New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.” James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber. The film takes a fun, in-depth look […]

  • IFFAM: ‘Newton’ Star Rajkummar Rao Signs

    IFFAM: ‘Newton’ Star Rajkummar Rao Signs Horror Comedy

    New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.” James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber. The film takes a fun, in-depth look […]

  • ‘God’s Own Country’ Wins Big at

    ‘God’s Own Country’ Wins Big at British Independent Film Awards

    New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.” James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber. The film takes a fun, in-depth look […]

  • Loving Vincent Animation Oscars

    ‘Loving Vincent’ Passes $20 Million at Worldwide Box Office

    New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.” James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber. The film takes a fun, in-depth look […]

  • I Tonya trailer

    Margot Robbie's 'I, Tonya' Soars in Opening Weekend

    New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.” James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber. The film takes a fun, in-depth look […]

  • NAME THAT TUNE – In Disney•Pixar’s

    Box Office: 'Coco' Stays Strong With $55 Million at International Box Office

    New Line is in negotiations to acquire the rights to “The Disaster Artist,” a comedy starring James and Dave Franco following the making of the cult classic film “The Room.” James Franco will also direct the pic from a script penned by Scott Neustadter and Michael H. Weber. The film takes a fun, in-depth look […]

More From Our Brands

Access exclusive content