Tell-Tale, a modern-day reimagining of the Edgar Allan Poe classic The Tell-Tale Heart from director Michael Cuesta and screenwriter Dave Callaham.
"Tell-Tale is a psychological thriller that sets Poe's haunting tale against the backdrop of modern science," Scott Free president Michael Costigan said.
Scott Free is the company behind American Gangster, which bows Friday. The Scott brothers made their early name with Alien and The Hunger.
The Poe-inspired film will be produced by Ridley Scott, Tony Scott and Costigan as well as Social Capital's Christopher Tuffin and Martin Shore. Shore is a Santa Monica-based equity firm that was brought to Scott Free by indie film broker the Gordon Steel Co. Shore made his money in the real estate business, while Tuffin is a producer.
The film is budgeted at $20 million and will be shot in early 2008. Casting is under way. Gordon Steel and partner John Baca suggested that the tone of the film likely will be a cross between Jacob's Ladder and Marathon Man.