Frank Marshall to Direct Shipwreck Film 'The Longest Night' for Paramount (Exclusive)

Frank Marshall Oscars List - P 2012
David Livingston/Getty Images

Frank Marshall Oscars List - P 2012

Conde Nast Entertainment's Dawn Ostroff and Jeremy Steckler are producing the drama.

Tentpole producer Frank Marshall is ready to get back behind the camera.

The Jurassic World producer will direct the shipwreck drama The Longest Night for Paramount. Dawn Ostroff and Jeremy Steckler of Conde Nast Entertainment, which was launched with a mandate to mine the archives of its magazines for film and TV projects, will produce the film alongside Marshall's Kennedy/Marshall banner.

Based on the article by Sean Flynn that appeared in the December 2008 issue of GQ, the story chronicles a true-life Coast Guard rescue operation undertaken against the most impossible odds. On Easter Sunday in 2008, an Alaskan trawler sank in frigid, 6,000-foot-deep waters. The ship was carrying 47 people when it went down 180 miles offshore. Despite 15-foot swells, the Coast Guard managed to rescue 42 of the people onboard.

STORY: Frank Marshall on 'Destroyed Friendship' With Lance Armstrong

Jonathan Lemkin (Lethal Weapon 4) adapted the screenplay.

Marshall, who has produced some of the most popular franchises of all time including the Back to the Future and Indiana Jones films, last directed the feature Eight Below.

CNE has begun to ramp up its efforts in recent months. The production company recently partnered with Parkes/MacDonald on See No Evil, a film that Walter Parkes will direct.

Marshall and CNE are repped by CAA.

Twitter: @TatianaSiegel27