Following a successful Kickstarter campaign, The Canyons is moving forward with James Deen and Lindsay Lohan signing on to play the lead. Author and screenwriter Bret Easton Ellis (Less Than Zero, American Psycho) tweeted the news himself with confirmation that the project will enter production next month.

"I am beyond thrilled that James Deen and Lindsay Lohan will be playing the parts of Christian and Tara," he writes. "...Could not have dreamed of a better cast. Lindsay nailed it."

To be directed by Paul Schrader (Auto-Focus, Affliction), The Canyons is described as a contemporary thriller that documents five twenty-somethings' quest for power, love, sex and success in 2012 Hollywood.

Deen, who Ellis has long-championed for the role, is a prolific figure in the porn industry, having appeared in nearly a thousand projects in less than decade. Lohan, meanwhile, is currently in production on the telefilm "Liz & Dick," based on the life of actress Elizabeth Taylor and her love affair with actor Richard Burton.

The Canyons will shoot July 9-31st in Los Angeles.

(Photo Credit: Mr Blue / WENN.com)