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Case Study Films and Imagine Entertainment are working together to develop a film about Audrey Hepburn and the making of her 1961 classic, “Breakfast at Tiffany’s“, with Lily Collins set to play Audrey Hepburn.

Dickinson’s Fifth Avenue, 5AM: Audrey Hepburn, Breakfast at Tiffany’s, and the Dawn of the Modern Woman has been adapted by Alena Smith for cinematic release, this is the first comprehensive account of how the film was made, with a cast of characters including Truman Capote, Edith Head, director Blake Edwards, and Hepburn herself, immerses readers in the America of the late ’50s, when a somewhat unconventional girl named Holly Golightly changed fashion, film, and sex for ever.

Hepburn was a significant figure in Hollywood’s Golden Age and won an Oscar for “Roman Holiday” before starring in other classics such as “Sabrina” and “Funny Face” until “Breakfast at Tiffany’s“, a romantic comedy directed by Blake Edwards for Paramount, inspired by Truman Capote’s novella, which made her a global fashion and cultural icon. Holly Golightly, the character, is a young New York socialite who is attracted to a young man who is new to her apartment building, but her past threatens to come between them.

Hepburn competed for Best Actress, and the film was nominated for five Oscars, with Hepburn winning two in Score and Song. In 2012, the film entered the U.S. National Film Registry.

Brian Grazer, Jeb Brody and Justin Wilkes will produce the film on Hepburn for Imagine, with Marc Gilbar serving as executive producer and Joyce Choi overseeing development. Collins, Charlie McDowell and Alex Orlovsky will produce for Case Study Films alongside LaStaiti. Sam Wasson and Brandon Millan will executive produce for Felix Farmer Productions, with Michael Shamberg also exec producing.

Currently, Collins can be seen starring in Netflix’s hit romantic dramedy “Emily in Paris“, produced by Imagine Entertainment company Jax Media, which returned for its fifth season in December and has been renewed for a sixth.