Christoph Waltz, who took home an Oscar for his portrayal of Colonel Hans Landa in Inglourious Basterds, will star in the project. Other actors such as Franco Nero, Treat Williams, and Keith Carradine are also rumored to star.
Franco Nero claims the movie is called The Angel, The Bad, and the Wise, although a conflicting report indicates this is not the title of Quentin Tarantino's movie. Here's what the Italian actor had to say.
"The film will be called The Angel, the Bad and The Wise and is a tribute to Sergio Leone. It's a movie that contains humor, lots of action, but also a great plot."
The movie will reportedly go into production later this year, with filming to take place in both Italy and Spain.