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Leonardo DiCaprio to Star In, Produce Film About Sun Studio Producer Sam Phillips

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Leonardo DiCaprio arrives at the 86th Annual Academy Awards at Hollywood & Highland Center on March 2, 2014 in Hollywood, Calif.

Paramount and Appain Way have acquired the book 'Sam Phillips: The Man Who Invented Rock 'N' Roll.'

Leonardo DiCaprio, via his Appian Way banner, will produce a film about music producer Sam Phillips.

Paramount and Appian Way have acquired Peter Guralnick's book Sam Phillips: The Man Who Invented Rock 'N' Roll. DiCaprio and Jennifer Davisson will develop the film, with DiCaprio also playing Phillips, the founder of Memphis-based Sun Studio, which worked with stars Elvis Presley, Jerry Lee Lewis, Ike Turner and Johnny Cash.

Producers include Mick Jagger, Victoria Pearman, Steve Bing, Ian Montone, Rick Yorn and Guralnick.

Appian Way, which signed a first-look deal with Paramount in March, also recently signed on to develop a Captain Planet movie, as The Hollywood Reporter exclusively reported.

DiCaprio, who was last seen as an actor in The Revenant (for which he won the Oscar), is repped by LBI Entertainment and Hansen Jacobson.

This article was originally published by The Hollywood Reporter