Fox 2000, which produced Walk the Line, will distribute; Witherspoon is on board as producer of the project, which is obviously a passion project of hers since she was the originator of the deal and the owner of the rights to Lee's life story. (Is it just me or is it kind of strange to own someone's life story?)

The film will apparently span a large portion of Lee's seven-decades-long life, from her start in radio to her emergence as an elite jazz singer. (Perhaps even fitting in her Lady and the Tramp gig?)

Marc Platt (Legally Blonde) is also on board as producer. No production date has been announced, although Witherspoon has McG's This Means War on her plate, so the Peggy Lee film might have to wait for the moment. She just finished filming Water for Elephants, which Fox 2000 also made; that film co-stars Robert Pattinson and Christoph Waltz.

Source: Variety