Sony has picked up the project, which is based on Crowe's original script. Scott Rudin will produce. The director is hoping to begin shooting later this year, the Hollywood Reporter said.
Crowe last director 'We Bought a Zoo' for 20th Century. The movie, released last Christmas, grossed $120 million
Stone will next be in theaters in January with 'The Gangster Squad'.
R&B star Rihanna and rapper Drake are leading the MTV Video Music Awards (VMA) nominations with five nods each.