The story follows a young man who gets drawn into the unusual world of freelance crime journalism in Los Angeles. Jake Gyllenhaal will play the reporter, although no character details were given for Rene Russo's role.
Screenwriter Dan Gilroy is making his directorial debut from his own screenplay. The writer-director's brother, Tony Gilroy (The Bourne Legacy), is producing alongside Jake Gyllenhaal, Jennifer Fox, Michel Litvak, and David Lancaster.
Dan Gilroy's previous screenplay credits include Freejack, Chasers, Two For the Money, The Fall, Real Steel, and last year's The Bourne Legacy, which he co-wrote with his brother Tony Gilroy.
Jake Gyllenhaal recently starred in last year's critically-acclaimed End of Watch, and will next be seen in Prisoners, alongside Hugh Jackman.