Bill Paxton's Upcoming Movie to Be Co-Produced by French Sales and Distribution Company

Bill Paxton

Memento Films' Paradise City has boarded the adaptation of Joe Lansdale's gothic thriller.

PARIS -- French distribution and international sales company Memento Films' young production banner Paradise City will produce actor-director Bill Paxton's next project, an adaptation of Joe Lansdale's gothic thriller novel The Bottoms.

The film is about to begin casting and is expected to start shooting in the fourth quarter of 2014.

"We're just excited to get Paxton at the helm again," Paradise City producer Nicholas Shumaker told The Hollywood Reporter.

Paradise City recently co-produced Jim Mickle's Sundance hit Cold in July, based on another Lansdale novel.

"We've had a good streak in the last three years in terms of finding what we like to call 'director-driven cinema,'" said Shumaker or Paradise City's production focus.  "I'm very tired of hearing the term 'elevated genre.'"

"We're not going to limit ourselves to films similar to Blue Ruin or Cold in July or We Are What We Are,"  he said, reflecting on the company's strong slate. "We're just going to try to find interesting directors, which we've always done, and give them some more resources to get good projects going."

Set during the Depression, The Bottoms tells the story of a series of racially motivated murders in East Texas as seen through the eyes of local children. The novel received several awards when it was published in 2000.

Paxton, a longtime fan of the novel, has been attached to the film project since 2011.

Brad Wyman is on board as executive producer along with the Memento Films team of Paris-based Emilie Georges and Nicholas Kaiser and London-based Naima Abed.