Scorsese and DiCaprio Reteam on Island

ON

Martin Scorsese and Leonardo DiCaprio will reteam early next year on Shutter Island, a Laeta Kalogridis-scripted adaptation of the Dennis Lehane novel.

The film, a co-production between Paramount Pictures and Columbia Pictures, will start production in March. Paramount will supervise production and distribute domestically while Columbia is looking to distribute internationally.

The project will be a co-production between Phoenix Pictures, Scorsese’s Sikelia and DiCaprio’s Appian Way. Mike Medavoy, Arnold Messer, Brad Fischer and Scorsese will produce. Lehane, Kalogridis and Louis Phillips will be executive producers.

The drama is set in 1954, with DiCaprio in final talks to play U.S. Marshal Teddy Daniels, who is investigating the disappearance of a murderess who escaped from a hospital for the criminally insane and is presumed to be hiding on the remote Shutter Island.

The movie will most likely shoot in Massachusetts, Connecticut or Nova Scotia.

Lehane’s novel “Mystic River” was turned into a film by Clint Eastwood, and his “Gone Baby Gone” is the basis for the Ben Affleck-directed drama that opened this past weekend.