Naomi Watts was to play the iconic bombshell in Dominik's biopic "Blonde", which stalled before shooting was scheduled to begin in January 2011, reported Contactmusic.
However, Pitt, 48, is planning to give a new life to the Monroe film by producing the movie through his 'Plan B' production company.
"We're going to get this one done," Pitt said.
The actor has worked with with Dominik in gangster thriller "Killing Them Softly" and "The Assassination of Jesse James".