Scott Rudin will produce with Howard Klein and Kaling, who has also penned the story, reported Variety.
The story follows a venerated late-night talk show host, played by Thompson, who's in danger of losing her long-running show right when she hires her first female writer, played by Kaling.
According to the sources the film can be described as "The Devil Wears Prada" meets "Broadcast News.
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