Director Paul Thomas Anderson has been working for several years on his screenplay for There Will Be Blood, a loose adaptation of Upton Sinclair's 1927 novel Oil! - and now the movie is going ahead. Funded to the tune of around $25 million by a joint agreement between Paramount and Miramax, the project is reportedly going to be rather epic: it's described as "an ambitious film and a compelling, relevant story about family, greed, religion and oil," set in Texas. (Sounds sort of like Giant to me, except for without James Dean.) Casting for the film has only just begun, but Daniel Day-Lewis is already on board in the role of "a pioneering Texas oil prospector."

Based solely on the names currently associated with it (including Sinclair's), this movie's got a ton of potential. While it's hard to imagine a period piece about oil will be a blockbuster, the budget indicates that the studios are aware that it will be more of a niche project, appealing to Anderson's usual crowd. (Me, I'm easy to please: if you say "period piece," I'm there.)
categories Movies, Cinematical