Few details are known about the new project, but a report in Variety last month suggested it will star Emma Stone and Joaquin Phoenix. Allen is expected to write and direct, with the plot described as a "contemporary story" set in the world of academia. Stone also appears in Allen's next film to hit cinemas, the comedy Magic in the Moonlight, opposite Colin Firth.
Allen was once best known for his Manhattan-set movies, but these days regularly shoots across Europe and the US. Magic in the Moonlight, filmed on the French Riviera, is set for a US release in July. The film-maker's previous movie, the Oscar-winning Blue Jasmine, was filmed in New York and San Francisco. Two of Allen's other best-known films of recent years, Midnight in Paris and Vicky Cristina Barcelona, were shot in France and Spain respectively, while Match Point was filmed in London