According to Variety, CBS Films has picked Mary-Kate Olsen and Alex Pettyfer to star with Vanessa Hudgens in Beastly.
Susan Cartsonis will be producing through her Storefront Films.
Daniel Barnz will be directing the project from a script he adapted. In the script, Olsen's character puts a curse on a handsome young man (Pettyfer), who gets physically transformed into everything he would never want to be.
The story is based on a fantasy novel from Alex Flinn. It is a modern retelling of Beauty and the Beast that takes place in New York. CBS picked up the feature rights to Beastly in 2007.
The film will start shooting June 13 in Montreal.