After a big bidding war, Universal Pictures has landed the family comedy "Dance Parents".
Charlize Theron and Channing Tatum are on board to produce and develop as a starring vehicle for the pair.
Jonathan Levine is attached to direct and produce as well. Meghan Malloy is attached to pen the script.
Sources say the project is in early development. Insiders close to the auction say the project drew a number of suitors before landing at Universal.
Theron will produce with her partners Beth Kono and AJ Dix through their Secret Menu first-look deal with Universal Pictures alongside Matt Maher and Drue Robertson of Secret Menu.
Tatum will produce with his partners Reid Carolin and Peter Kiernan through their Free Association company alongside Eve Brigham and Garret Levitz overseeing for FA. Jonathan Levine will produce with Gillian Bohrer through Megamix.
SVP Production Development Ryan Jones and Director of Production Development Christine Sun will oversee the project for Universal.
Plot details are unknown, but the title hints that "Dance Parents" will be set the world of young competitive dancers and their super-passionate parents.
The pic marks a reunion for the two stars, who made an appearance on a dance floor at the 2013 Academy Awards when they danced onstage together.
It also marks a reunion for Theron and Levine in the comedy world, who worked together on the 2019 political comedy Long Shot.