Deadline.com reported Sony won a bidding war fought amongst the major studios in Hollywood, except for Disney.
The previous films Tarantino directed were made in collaboration with Miramax and The Weinstein Co., which were co-founded by Harvey Weinstein. Tarantino recently cut professional ties with Weinstein after the mogul was accused by dozens of women of sexual harassment and abuse.
“I’ve been stunned and heartbroken about the revelations that have come to light about my friend for 25 years Harvey Weinstein,” Tarantino said about Weinstein last month.
Variety said the budget for Tarantino’s next film is $100 million and he demanded final cut of the period drama about the Manson family murders.
Margot Robbie, Tom Cruise, Brad Pitt and Leonardo DiCaprio are rumored to be in the running for parts in the picture.
Tarantino previously wrote and directed Reservoir Dogs, Pulp Fiction, Jackie Brown, Kill Bill and its sequel, Inglourious Basterds, Django Unchained and The Hateful Eight.