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Dimension Films will partner with MGM on the fantasy film "Brothers Grimm," it was jointly announced today by Dimension Co-Chairman Bob Weinstein and MGM Vice Chairman and COO Chris McGurk. Dimension will oversee all aspects of production and release the film in North America; MGM will release the film internationally. The studios will share equally in worldwide profits. The film is being written by Ehren Kruger ("The Ring," "Scream 3"), will be directed by Terry Gilliam Heath Ledger Matt Damon Robin Williams ("Twelve Monkeys), and is being produced by Mosaic Media Group's Charles Roven along with producer Daniel Bobker.

The project has several A-list actors -- including Matt Damon, Heath Ledger and Robin Williams -- in discussions to star.

The tale revolves around legendary German fairytale scribes Jacob and Wilhelm Grimm. Kruger's plot will focus on the brothers, now called Jake and Will, as they travel from village to village pretending to protect townsfolk from enchanted creatures and pulling off exorcisms -- hoaxes they've created themselves. The duo is put to the test when they encounter a real magical curse requiring genuine courage.

"This is an extremely exciting project for Dimension with great franchise potential, and we are ready to go full steam ahead with production. Chris McGurk is an old friend and we are happy to be in business with him and MGM," said Bob Weinstein.

"We immediately knew this project was a winner just by hearing it described. The talent already involved is a testament to the enthusiasm surrounding the script. We're very excited to be working with Dimension and the Brothers Weinstein on 'Brothers Grimm,'" said Chris McGurk.

SOURCE: Dimension Films, MGM