A Britney Spears biopic is formally within the works.

In response to The Ankler, Common Photos has scored the rights to Spears’ best-selling memoir, The Lady in Me. 

The outlet goes on to report that the biopic has already landed a director in Depraved‘s Jon M. Chu. Moreover, Oscar-winning producer Marc Platt can also be hooked up to the upcoming undertaking.

A supply revealed to the publication that the deal for the rights to the movie are across the eight determine mark. Additionally hooked up to the settlement is reportedly rights to Spears’ huge music catalog.

Spears additionally teased the information of a biopic on her Twitter account immediately (Aug. 1), the identical day that the information broke of a biopic.

“Excited to share with my followers that I have been engaged on a secret undertaking with #MarcPlatt. He’s all the time made my favourite motion pictures … keep tuned,” Spears stated in a tweet.

READ MORE: Britney Spears Considers Herself a ‘Woman Who Used to Be Well-known’

Beforehand, the identical outlet reported that Spears’ ebook was the topic of competitors from a few of Hollywood’s greatest names to be was a film. They reported that Shonda Rhimes, Brad Pitt’s Plan B and Margot Robbie all had been in competition to be part of the movie.

A number of large studios additionally had been in competitors for the undertaking. Sony, Warner Brothers, Fox, Disney and Netflix all vied for the undertaking.

Upon its launch, The Lady in Me was a large success for Spears and has gone on to promote over 2.5 million copies in the US alone. Moreover, it has turn out to be the quickest promoting ebook in Simon & Schuster’s historical past.

There may be presently no phrase on a launch date for the undertaking.