YRF Entertainment to produce Kidman starrer 'Grace of Monaco'

The studio is partnering with Pierre-Ange Le Pogam of Stone Angels. To be directed by Olivier Dahan of "La Vie En Rose", the film begins production later this year in South of France.

The movie tells the story of efforts by the late Princess Grace of Monaco (the former Grace Kelly, played by Nicole Kidman) to make peace between her adopted country and France.

Grace, 33, who had just given up her acting career to become Monaco's First Lady, maneuvered through a political minefield to resolve the situation.

YRF's development head, Jonathan Reiman, will executive produce along with writer, Arash Amel. Inferno is currently selling foreign rights to the film at Cannes.

"'Grace of Monaco' is the kind of movie that has a perfect blend of talent and sensibility that YRF Entertainment is proud to be a part of," YRF's head Uday Chopra said in a statement.

Le Pogam says the story has a lot of artistic, historical and emotional potential and Kidman was the right star to portray Kelly.

"When Olivier and I met with Nicole Kidman for the first time, we felt immediately she was the right artist to portray Princess Grace. When I then met with Uday, I had the same feeling after our conversation. He was obviously the right partner because of his beautiful vision of the movie. We are very proud and enthusiastic to be sharing the experience of working together with YRF," Le Pogam said.

YRF is also overseeing post-production on Peter Glanz's "The Longest Week", starring Jason Bateman and Olivia Wilde.