Miramax and Pathe are set to adapt the 1920s novel "Cheri" by French author Colette says China Daily.
Set in 1920s Paris, the story follows the young son of a wealthy courtesan is educated in the ways of love by a middle-aged friend of the man's mother.
When he is forced to give up the six-year relationship after marrying someone else, the young man can't forget her and retreats into a fantasy world.
Christopher Hampton wrote the script, Stephen Frears will direct and Michelle Pfeiffer is negotiating to star - the three previously worked together on "Dangerous Liasons".
The movie will start filming in April in France and London.
