It was reported on Friday that Luca Guadagnino is in final negotiations to helm a new film adaptation of Bret Easton Ellis‘ 1991 novel American Psycho for Lionsgate. The first film, released in 2000, starred Christian Bale as Bateman, an investment banker who seemingly leads a double life as a serial killer.

Luca Guadagnino is in final negotiations for a new interpretation of the book "American Psycho" by Bret Easton Ellis for Lionsgate.

Luca Guadagnino is in final talks to direct a new adaptation of “American Psycho” for Lionsgate, the company announced on Friday. Scott Z. Burns is writing the script adapting Bret Easton Ellis’ novel. Rather than a remake, the film will be a new adaptation of Ellis’s novel.