Warner Bros has teamed up with the renowned Paul Thomas Anderson for an upcoming film featuring none other than Oscar winners Leonardo DiCaprio and Sean Penn, along with the talented Regina Hall. The film, currently without a title, is set to commence production this year in California. Anderson, the brilliant mind behind the project, not only wrote the script but will also produce the film alongside Sara Murphy and Adam Somner.

The details of the film are being kept under wraps, with the logline a closely guarded secret. What we do know is that it’s set in a contemporary backdrop and marks Anderson’s most commercial endeavor to date, backed by a corresponding budget. This collaboration stems from the successful partnership formed during the making of Anderson’s last film, “Licorice Pizza,” a venture that garnered three Oscar nominations, including Best Picture, Best Screenplay, and Best Director for Anderson.

While DiCaprio, Penn, and Hall take the lead, the film promises a stellar ensemble cast, a territory Anderson has masterfully navigated before with projects like “Boogie Nights.” This film is a significant milestone for Warner Bros, adding to their recent ventures like the strategic alliance with Tom Cruise and projects such as the Paul Greengrass-helmed adaptation of T.J. Newman’s bestselling novel “Drowning: The Rescue of Flight 421.”