Naomi Watts has partnered with Reese Witherspoon and Bruna Papandrea to option Aussie bestseller 'Penguin Bloom'.
International sales will be shopped at Cannes, per Deadline, with financiers Covert Media running point.
There is little love from the critics and minimal interest from audiences in the US for Adoration, the Australian romantic drama starring Naomi Watts and Robin Wright as best friends who end up bonking each other's teenage sons.
UK critics have lashed Diana, the biopic starring Naomi Watts as Princess Diana, pouring scorn on the performances, screenplay and Oliver Hirschbiegel's direction.
Celebrated and adored by millions, she was the Queen of people's hearts, yet the bittersweet story of the last man to truly capture hers has never been told.
BBC News appointed Jon Donnison as its new Australian correspondent, commencing early August
Zach Galifianakis sits down with Jennifer Lawrence, Anne Hathaway, Christoph Waltz, Naomi Watts and Amy Adams who are getting all the buzz during this Oscar season.
Australians Hugh Jackman, Naomi Watts and Jacki Weaver have all received Academy Award nominations.