Directed by Robert Zemeckis, the film is based on an original story by Steve Knight and is produced by Graham King, who developed the project, alongside the helmer and Steve Starkey, said The Hollywood Reporter.
The story will be produced through King's GK Films banner with Jack Rapke Knight, Patrick McCormick and Denis O'Sullivan serving as executive producers.
Zemeckis most recently helmed Sony's "The Walk". Pitt, 51, is currently filming the Netflix dramedy "War Machine" while Cotillard, 40, is filming "Assassin's Creed".