David Frankel is set to direct from a script by Allan Loeb, who is producing with PalmStar CEO Kevin Frakes, Anthony Bregman of Likely Story and Michael Sugar and Bard Dorros of Anonymous Content. Production starts early next year in New York.
“Collateral Beauty” follows a Manhattan advertising executive (Smith) who experiences a personal tragedy. When his colleagues devise an unconventional plan to break him out of his depression, it ends up backfiring.
Mirren currently co-stars opposite Bryan Cranston in “Trumbo” as famed gossip columnist Hedda Hopper and will next be seen as a military leader in the drone warfare thriller “Eye in the Sky.”
Mirren, who won an Oscar for “The Queen,” is represented by CAA. Variety broke the news.