Lily Collins, actress, known for her role in 'Emily in Paris', will play the iconic Hollywood symbol, Audrey Hepburn, in a new film that will tell the fascinating story behind the making of the The quintessential romantic comedy: 'Breakfast at Tiffany's' (1961).

The project, which Collins celebrated on social media by posting a photograph of Hepburn, had been in development for nearly ten years under her production company, Case Study Films.

“After almost 10 years of development and a lifetime of admiring and adoring Audrey, I can finally share this. I am honored and euphoric, there are no words to express how I feel,” wrote the actress, who has often shared her admiration for Hepburn.

The Origin of a Classic

The film will be based on Sam Wasson's New York Times bestselling book, 'Fifth Avenue, 5 AM: Audrey Hepburn, Breakfast at Tiffany's and the Dawn of the Modern Woman'. The screenplay is by Alena Smith, creator of the acclaimed series Dickinson, starring Hailee Steinfeld. Far from being a simple biopic, the film promises to be a complete account of the making of 'Breakfast at Tiffany's'. According to Wasson's work, the production was marked by chaos and drama. The book delves into the turbulent pre-production, where writer Truman Capote, author of the original novel, envisioned Marilyn Monroe in the role of Holly Golightly and felt "betrayed" by Paramount Studios for ultimately choosing Hepburn. The story will also explore the key figures behind the classic, such as director Blake Edwards and legendary costume designer Edith Head, who helped cement Hepburn's image as a global fashion icon. The original film, directed by Edwards, follows the eccentric Holly Golightly (Hepburn) as she falls in love with her new neighbor, Paul Varjak (George Peppard), in 1960s New York. The cast also included Mickey Rooney, Patricia Neal, and Buddy Ebsen.

The film not only won two Academy Awards in 1962, it also represents a cultural impact and was even added to the United States National Film Registry in 2012.