The Warner Bros.-based banner partnered with Johnson on horror pic “Orphan,” which has grossed $28 million in its first 11 days.
The “Red Riding Hood” project’s been developed internally at Appian Way but isn’t being positioned as a possible acting vehicle for DiCaprio.
The best-known version of the story — in which a wolf disguises himself to fool a girl delivering food to her sick grandmother in the forest — was published in the 19th century by the Brothers Grimm. Earlier oral versions of the tale, which date back to the Middle Ages, are far darker and sometimes involve a werewolf rather than a wolf; the first published version, by Charles Perrault, concludes with Red Riding Hood eaten by the wolf, with no happy ending.
Appian Way is partnered with Phoenix Pictures on Paramount’s upcoming thriller “Shutter Island,” starring DiCaprio and directed by Martin Scorsese.