Guillermo del Toro Sets Sights on Directing Reimagining of NIGHTMARE ALLEY (1947)

Following the release of perhaps his most well-received movie to date, Guillermo del Toro is wasting no time lining up future projects.

Variety reports that del Toro is looking to team up with Fox Searchlight Pictures once again for a remake of Edmund Goulding's 1947 film noir Nightmare Alley. While the project is still in the early stages of development, del Toro is reportedly attached to direct and produce from an adapted screenplay he plans to write with Kim Morgan.

Del Toro is also staying busy on the producing side with the new film Antlers, which could be helmed by Scott Cooper (Black Mass, Out of the Furnace), who is in talks with Searchlight to helm the supernatural film adaptation of Nick Antosca's short story "The Quiet Boy."

Here's what del Toro had to say about continuing to work with Fox Searchlight:

“I am delighted to continue the producing partnership that has been forged with Fox Searchlight during the making of The Shape of Water. Nancy, Steve, David and Matthew and the entire team are great champions of true cinema. With both Nightmare Alley and Antlers I know we will create entertaining, elevated films.”

For those unfamiliar with Nightmare Alley, we have the official synopsis and trailer below. Stay tuned to Daily Dead for more updates on del Toro's upcoming projects, and in case you missed it, check here for our previous coverage of The Shape of Water, which has been nominated for seven Golden Globe Awards.

"Stanton Carlisle is a lowlife working in a carnival. Knowing a good con when he sees one, he learns the tricks of a mind-reading act from Zeena, then tosses her aside. In time, he becomes "The Great Stanton," star attraction of swanky nightclubs and the darling of society. But with all his notoriety built on lies, it's only a matter of time before exposure brings Stanton's world crashing down around him."