Laurence Fishburne by Jeffrey Mayer/ WireImage.com
is producing the film adaptation of Paolo Coelho's
, which begins production in the next several weeks.
is also on board as a producer, as well as director and the film's star.
The movie's budget is estimated at $60 million. The rights to the project were originally sold to Warner Brothers in 1994 for $250,000, but it sat on the shelf for several years.
Fishburne himself eventually acquired the rights along with indie production house A-Mark Entertainment. -