John Woo Rings A “Magic Bell”

Terence Chang and John Woo’s Lion Rock Productions are set to produce the $30 million budgeted 3D fantasy epic “Legend of The Magic Bell” reports Screen Daily.

Based on a Chinese classic, the film tells the story of a warrior (Renee Yuan) who falls in love with a beautiful demoness but is forced to transform her into stone in order to save humanity. Their paths cross again 5000 years later when the warrior has been reincarnated as a demon hunter.

Korean TV director Kim Jonghak (TV’s “Legend”) will helm. Guo Zheng (“Red Cliff”) is scripting the project which is scheduled to start shooting in early 2010 for delivery in 2011.