Up Next: Amy Schumer Could Be The New Barbie
Although the film is still without a director, Alethea Jones is believed to be a frontrunner to helm the project, which is scheduled for release on June 29, 2018.
The movie will be produced by Amy Pascal with Walter F. Markes and Laurie MacDonald, in addition to Mattel.
"Ms. Pascal think she has finally cracked "Barbie' as a live-action comedy; negotiations are underway with an Oscar-winning acress for the tonally tricky title role," a New York Times profile of Pascal said.
Amy Schumer was previously attached to star in the film.