Recently, we told you that Jonah Hill (Moneyball) and James Franco (127 Hours) will be starring together in a Brad Pitt produced film, True Story.  Today, it was reported that New Regancy will fully finance the film with Brad Pitt’s production company, Plan B.

Along with Brad Pitt, other producers include Dede Gardner (The Tree of Life) and Jeremy Kleiner (Kickass; Eat, Pray, Love.).

Based on an actual true story, Deadline gives a brief summary:

That is the Rupert Goold-directed adaptation of a memoir by Michael Finkel, a disgraced New York Times journalist who discovered that an accused murderer had stolen his identity. Once caught, the fugitive would only talk to the journalist. Jonah Hill is playing Finkel and James Franco is set to play Christian Longo, who was captured in Mexico after rising near the top of the FBI Ten Most Wanted List for allegedly killing his family.

No news yet about a release date, but we’ll keep you posted!

Are you excited for True Story?