Sylvester Stallone is to direct 'Poe', a film he has written about the life of author Edgar Allan Poe.
Variety reports that Robert Downey Jr is Stallone's choice for the leading role.
Production is scheduled to begin in Europe in the autumn.
Stallone previously directed the second, third and fourth 'Rocky' movies and 'Saturday Night Fever' sequel 'Staying Alive'.
He also wrote the screenplays for all the films in the 'Rocky' and 'Rambo' series.
