Bold Films International will commence pre-sales at AFM next month on the story of two brothers and their neighbour who discover a mysterious hole in the basement of their new home that forces them to confront their deepest fears. Mark Smith wrote the screenplay.
Bold's David Lancaster and Michel Litvak are producing and Bold's Gary Michael Walters serves as executive producer alongside Benderspink's J C Spink and Chris Bender.
'This is essentially a family oriented story and I was drawn to it by the quality of the writing and the characters, which were above average for this kind of film,' said Dante, whose long line of credits include Gremlins, Piranha, The Howling, Small Soldiers and Innerspace.
'Bold Films strives to stay on the cutting edge of creativity and technology,' Walters said. 'With visionary director Joe Dante at the helm we have decided to take advantage of the recent advances and shoot The Hole in 3D. The unique advantages of 3D create endless opportunities for a story of this nature.'
Massoglia will star for Universal in Chris Weitz's 2009 release Cirque Du Freak opposite Salma Hayek. Bennett stars in the upcoming horror feature The Haunting Of Molly Hartley that Freestyle Releasing is scheduled to release on October 31.
She will also appear in December in Fox's comedy Marley And Me opposite Jennifer Anniston and Owen Wilson.
Bold's AFM slate include the thriller Jack to be directed by Joseph Ruben. The company wrapped production in the summer on Legion starring Paul Bettany, Dennis Quaid, Tyrese Gibson and Charles S Dutton. Screen Gems will release in North American and SPRI is handling the overseas roll-out.
Benderspink's roster of films includes The Butterfly Effect, A History Of Violence, The Ring, American Wedding and Red Eye.