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It's always good news when two Academy Award nominees decide to collaborate. Deadline Hollywood reports that Brazilian director Fernando Meirelles ('City of God,' 'The Constant Gardener') is set to direct the psychosexual drama '360,' written by British screenwriter Peter Morgan ('Frost/Nixon,' 'The Queen').

Expect A-list actors to step aboard this drama, which is based on Austrian playwright Arthur Schnitzler's controversial fin de siecle play, 'Reigen.' Like Stanley Kubrick's 'Eyes Wide Shut' and David Hare's 'The Blue Room,' which were also inspired by Schnitzler's work, '360' will focus on sex -- in this case, sex between partners of different social classes. It's uncertain exactly how Morgan will tackle the plot, since the play has been adapted several times -- most notably into Max Ophül's 'La Ronde' (1950) and Roger Vadim's 'Circle of Love' (1964) -- but the framework and the title suggest it will still be about a "merry-go-round" of sexual relationships. It's always good news when two Academy Award nominees decide to collaborate. Deadline Hollywood reports that Brazilian director Fernando Meirelles ('City of God,' 'The Constant Gardener') is set to direct the psychosexual drama '360,' written by British screenwriter Peter Morgan ('Frost/Nixon,' 'The Queen').

Expect A-list actors to step aboard this drama, which is based on Austrian playwright Arthur Schnitzler's controversial fin de siecle play, 'Reigen.' Like Stanley Kubrick's 'Eyes Wide Shut' and David Hare's 'The Blue Room,' which were also inspired by Schnitzler's work, '360' will focus on sex -- in this case, sex between partners of different social classes. It's uncertain exactly how Morgan will tackle the plot, since the play has been adapted several times -- most notably into Max Ophül's 'La Ronde' (1950) and Roger Vadim's 'Circle of Love' (1964) -- but the framework and the title suggest it will still be about a "merry-go-round" of sexual relationships.

Meirelles last feature, an adaptation of José Saramago's 'Blindness,' received mixed reviews and grossed only $7.5 million, but he's incredibly well-respected for his award-winning work, and specifically for his ability to weave together different, fragmented stories, like in 'The Constant Gardener,' which earned this praise from Roger Ebert: " It is a style suited to the gifts of the Brazilian director Fernando Meirelles, whose great 'City of God' (2002) told a story that was composed of countless tributaries that all flowed together into a mighty narrative stream."

Considering Meirelles and Morgan have worked with the likes of Rachel Weisz, Ralph Fiennes, Julianne Moore, Gael García Bernal, Michael Sheen, Helen Mirren, and Alice Braga, it's tantalizing to speculate who will sign on to star in '360.' One thing's already certain, it's going to be an international film (BBC Films and ORF Fernsehfilm are co-financing, and Universal co-chairman David Linde is the executive producer) with a top-notch ensemble. Sounds like a winner already.