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Leonardo DiCaprio and Guillermo del Toro are nearing a collaboration on “Nightmare Alley,” the director’s remake of the 1947 movie of the same. Del Toro is developing “Nightmare Alley” at Fox Searchlight, the studio that handled the production and distribution of his Oscar-winner “The Shape of Water.” As first reported by Variety, DiCaprio has entered final negotiations to star in the lead role of mentalist and con artist Stanton “Stan” Carlisle. Tyrone Power played the character in the 1947 movie, directed by Edmund Goulding and released by 20th Century Fox.
Del Toro stepped back from filmmaking after “The Shape of Water” won four Academy Awards, including Best Picture and Best Director. The filmmaker followed-up the Oscar wins by deciding to produce projects such as André Øvredal’s “Scary Stories to Tell in the Dark” (in theaters August 9) and Scott Cooper’s “Antlers,” also produced by Fox Searchlight. Del Toro’s “Nightmare Alley” remake is now his second feature directorial effort in development following his stop-motion passion project “Pinocchio,” which has taken up shop at Netflix.
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