Guillermo del Toro, who is the master at announcing projects he’ll never find the time to direct, has added Nightmare Alley to the list.
Variety reports that del Toro will continue his relationship with Fox Searchlight, who released his critically acclaimed The Shape of Water.
Nightmare Alley is a remake that originally starred Tyrone Power as an ambitious young con-man who hooks up with a female psychiatrist who is even more corrupt than he is. At first, they enjoy success fleecing people with their mentalist act, but then she turns the table on him, out-manipulating the manipulator.
Sources indicate that this will likely not be his next directing job, as he still has to pen the script, which he plans to co-write with Kim Morgan.
Fox’ original Nightmare Alley was released in 1947.