It will be directed by "Here Comes the Night" helmers Peter Kline and Pete Shanel, according to The Hollywood Reporter.
The project, which Paradigm is selling at the Toronto International Film Festival, is a New York-based story chronicling the dissolution of the Music family, following a divorce.
Walter (Tambor), a successful public radio host, is separating from his alcoholic wife, and at the same time dealing with his troubled daughter (Roberts).
His son, Stephen, tries to start a new life in Los Angeles with his girlfriend Ashley (Levy) but is pulled back into the family discord.
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His upcoming films include "The Accountant" with Ben Affleck and voice work in the animated "Trolls".
Roberts, 25, was most recently seen in the thriller "Nerve", which came out this summer. She stars on the hit FX series "Scream Queens", which will return for its second season this year.
Levy, 26, starred in the hit horror-thriller "Don't Breathe", which is currently in theatres.