Spanish production shingle Atlantia Canarias is joining with L.A. producers Branko Lustig (Schindler's List, Gladiator) and John Kelly (The Black Dahlia) to remake Papillon.

According to Variety, Screenwriter-producer Vicente Mora and Catalan producer Roger Corbi closed a deal a few weeks back to option movie and TV rights to Henri Charriere's autobiography, immortalized in the 1973 film starring Steve McQueen and Dustin Hoffman. Roger Corbi's father, DrimTim topper Manuel Corbi, will produce.

Currently in the earliest stage of development, with no screenwriter or director attached, Papillon will shoot in English on a budget of about $90 million, Lustig said.

Roger Corbi added that 90% of the shoot, scheduled for May, will take place in the Canary Islands.