Russell Mulcahy reeled in for 'Bait'

Project will begin filming in Australia this year

More Cannes coverage

CANNES -- Russell Mulcahy has been tapped to write and direct "Bait," a 3-D action adventure shark movie.

The project, set to begin filming on Australia's Gold Coast this year, will be co-produced by Arclight Films and Australia's Limelight, Arclight managing directing Gary Hamilton announced Thursday in Cannes.

The film will be produced by Hamilton and Limelight's Dale Bradley. Richard Stewart and Grant Bradley, both of Limelight, and Mike Gabrawy, Arclight's head of production, will serve as exec producers. Sales will be handled by Arclight's genre division, Darclight.

Upping the ante on peril, the film is set in a coastal town where a freak tsunami floods and traps shoppers in a supermarket with an armed maniac and a pack of hungry tiger sharks that have been washed into the building.

"This will be a truly monstrous thriller and the first Australian feature in 3-D," Hamilton said.

Russell Mulcahy, repped by APA, also is directing "The Courier" for Arclight.