Michael Douglas To Play Ronald Reagan

Michael Douglas is in discussions to star as actor-turned-U.S. President Ronald Reagan in the $10 million indie drama “Reykjavik” for Participant Media says The Hollywood Reporter.

The story is set over several says in 1986 when Reagan and Soviet leader Mikhail Gorbachev met for talks in a spa in the Icelandic capital to iron out peace against the backdrop of the Chernobyl nuclear disaster. Kevin Hood (“Becoming Jane”) wrote the screenplay.

Ridley Scott was previously linked with the project but Mike Newell (“Harry Potter and the Goblet of Fire,” “Great Expectations”) is now in talks to direct. Scott remains onboard as producer along with David W. Zucker, Mark Sennet and Stewart Mackinnon. Shooting kicks off in March in Germany.