Penélope Cruz In Talks to Star in Netflix’s Upcoming Nancy Meyers Film “Paris Paramount” (Working Title)

Penélope Cruz could be starring in a comedy soon…

The 48-year-old Spanish Oscar-winning actress is in talks to star opposite Scarlett Johansson, Michael Fassbender and Owen Wilson in the big-budget Netflix comedy marking Nancy Meyers’ return to directing, Deadline can confirm.

Penelope CruzSources say actor deals have not yet closed, as budgeting is still being worked through. Netflix had no comment.

The film currently titled Paris Paramount, which tells the story of an above-the-line filmmaking duo who reunite (begrudgingly) on set after falling in and out of love with one another.

Meyers will direct from her own script and also serve as producer on the film, which sources tell us is at a budget exceeding $100M.

The project will mark her first as director since The Intern, a buddy comedy of sorts starring Robert De Niro and Anne Hathaway, which was released by Warner Bros in 2015.

Most recently appearing in films including Emanuele Crialese’s L’immensitàOfficial Competition with Antonio Banderas, and Pedro Almodóvar’s Oscar-nominated Parallel Mothers, Cruz will next be seen starring opposite Adam Driver in Michael Mann’s Ferrari.

An Academy Award-nominated writer, director and producer best known for her work in the rom-com space, Meyers has also previously helmed features including It’s Complicated, The HolidaySomething’s Gotta GiveWhat Women Want and The Parent Trap.

First Look at Penelope Cruz in the Italian Film “L’immensita”

Penelope Cruz is ready to showcase her Italian language skills…

The 47-year-old Spanish Oscar-winning actress, who recently earned an Academy Award nod for her Spanish language role in Parallel Mothers, will star in the Italian drama L’immensita, which is currently in post-production. A first look photo of Cruz in the film has been released.

Penelope Cruz, L’immensitaEmanuele Crialese’s film is set in 1970s Rome. The Borghetti family has just moved into one of the many freshly-built apartment blocks in the city. Despite the beautiful, sweeping views of the city from their top floor apartment, the family is not as close as they once were. Clara (Cruz, who speaks Italian) and Felice (Vincenzo Amato) are no longer in love, but are unable to leave each other. Clara finds refuge from her loneliness in the shelter of her special relationships with her three children. The oldest, Adriana, an unknown child in their new neighborhood, deliberately presents as a boy to the neighborhood children, pushing the family’s bond towards breaking point.

The film is produced by Mario Gianani and Lorenzo Gangarossa for Fremantle’s Wildside with Dimitri Rassam for Chapter 2.

Warner Bros Italia is also co-producing and will distribute the film in Italy.

France 3 Cinéma and Pathé are also co-producing in France, and Pathé will release the film in France and Switzerland.

Writers are Crialese, Francesca Manieri and Vittorio Moroni

Cruz last week scored a Best Actress Oscar nomination for her role in Pedro Almodovar’s Parallel Mothers. It was the Spanish actress’s fourth Academy Award nomination.