Titled Killers of the Flower Moon, the project is an adaptation of David Grann’s true-crime thriller.
This will mark Scorsese and DiCaprio’s sixth collaboration in 17 years following Gangs of New York, The Aviator, The Departed, Shutter Island and The Wolf of Wall Street.
Rights to Grann’s book – subtitled The Osage Murders and the Birth of the FBI – fetched a reported $5m in 2016. The script has been written by Eric Roth, the Oscar-winner behind Forrest Gump and The Curious Case of Benjamin Button.
The non-fiction work documents the string of murders which plagued the Osage Indian tribe in Oklahoma during the 1920s after oil was found on their land. The case was deemed the FBI’s first homicide investigation.
According to the same report, Osage Nation’s Principal Chief Geoffrey Standing Bear revealed that De Niro has agreed to play the role of William Hale.
Scorsese’s next project, The Irishman, marks a Goodfellas reunion with Joe Pesci who stars alongside De Niro. It'll be released on Netflix in November.
Killers of the Flower Moon would mark the director's tenth time working with De Niro.
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