Fox Searchlight and Chernin Entertainment have been developing the project since 2013, reported Variety.
Tolkien's epic novels, set in Middle Earth, served as the basis for the film trilogies "The Lord of The Rings" and "The Hobbit."
The film's script written by David Gleeson and Stephen Beresford focuses on the author as he finds friendship, love, and artistic inspiration among a fellow group of outcasts at school prior to the outbreak of World War I in 1914.
Tolkien served in the British armed forces from 1916 to 1920, then wrote the two novels while working at Pembroke College. He died in 1973.
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