Jake Gyllenhaal will star in the dark drama that Dan Gilroy will direct.
Nick Meyer and his team will commence pre-sales in Cannes next month. WME Global and CAA represent North American rights.
Nightcrawler centres on a man in Los Angeles who tries his hand at freelance crime reporting. Rene Russo is also set to star. Production is set for October.
Tony Gilroy, Jennifer Fox and Gyllenhaal will produce with Bold Films’ Michel Litvak and David Lancaster, who are understood to be lining up a roster of new projects.
Bold Films will finance and Gary Michael Walters will serve as executive producer.