According to The Hollywood Reporter, Gus Van Sant is in negotiations to direct The Time Traveler's Wife for New Line Cinema.

The studio acquired "Traveler" in 2003 for Brad Pitt, Jennifer Aniston, Brad Grey and Nick Wechsler to produce. New Line said Grey, who took over the reins of Paramount Studios on March 1, remains attached as a producer.

Written by Audrey Niffenegger, a writer and professor of book arts in Chicago, the book is a loose retelling of "The Odyssey."

The story centers on a man with a time-traveling gene that allows him to appear to his true love at different points in her life. Jeremy Leven adapted the book. Richard Brener, Cale Boyter and Magnus Kim are shepherding the project for the studio.

Van Sant's credits include Last Days and Elephant, which won him the Palme d'Or and best director nods at 2003's Festival de Cannes.