Guggenheim is writing the adaptation, with McG set to direct. The two are executive producing alongside Cameron and Jon Landau via Lighthouse, as well as Rae Sanchini and Mary Viola.
McG will focus on the project after recently exiting over creative differences from Ryan Murphy and Brad Falchuk’s upcoming drama series 9-1-1 for Fox, on which he was to serve as director/executive producer.
The 1994 film True Lies, written, directed and produced by James Cameron via his Lightstorm Entertainment, starred Arnold Schwarzengger, Jamie Lee Curtis, Tom Arnold, Art Malik, and Bill Paxton. A loose remake of the 1991 French comedy film La Totale, the film followed U.S. government agent Harry Tasker (Schwarzenegger), who balances his life as a spy with his familial duties.