According to The Hollywood Reporter, Warner Bros. Pictures International has acquired distribution rights for Spain and Latin American to Guillermo del Toro's Pan's Labyrinth, scheduled to begin production in the summer for a 2006 theatrical release, Warners said Tuesday.

The Spanish-language horror drama will be produced by Telecinco via its production arm Estudios Picasso, headed by Alvaro Augustin, and new Spanish company OMM, formed by Alfonso Cuaron, del Toro and Frida Torresblanco. Set to star are Sergi Lopez and Maribel Verdu in a story that takes place during Spain's Franco era.

The deal reunites the studio with Cuaron, who directed Harry Potter and the Prisoner of Azkaban.