Moneyball Oscar nominees Brad Pitt, who will produce, and Jonah Hill, who will star, are reuniting once again for True Story, a film that also has James Franco attached to co-star.

The project is based on the memoir by Michael Finkel, a New York Times Magazine journalist who learned in 2002 that his identity was used by serial killer Christian Longo, a fugitive on the FBI's Ten Most Wanted List. Michael Finkel was fired by the magazine after Christian Longo was captured in Mexico, until the fugitive revealed that Michael Finkel was the only person he would talk to. Jonah Hill will play Michael Finkel and James Franco is set to portray Christian Longo.

Brad Pitt is only producing True Story with his Plan B partner Dede Gardner, and won't be acting opposite his Moneyball co-star in the project. Rupert Goold is directing. A screenwriter is not yet attached to adapt Michael Finkel's book yet.

The project was initially set up at Paramount, but now Plan B Productions is seeking financing elsewhere, with a deal expected to be reached later this week. No production schedule was released for True Story.