Mary-Louise Parker, Nick Nolte, Martin Short, Izabella Miko, Andrew McCarthy and Joan Plowright are in negotiations to join the cast of Paramount's big-budget adaptation of "The Spiderwick Chronicles," being directed by Mack Waters says The Hollywood Reporter.

"Spiderwick" is based on the best-selling books by Holly Black and Tony DiTerlizzi and centers on twin brothers Jared and Simon who, along with their sister Mallory uncover a world of fairies and other creatures.

Freddy Highmore already has been cast as the twins, and Sarah Bolger will play the sister. The project mixes live action with visual effects.