There is a possibility that he would produce the project under his production company Hartbeat Productions. It appears they are in search of a screenwriter too.
Ever since the novella's publication in 1843, this classic has been adapted numerous time. The first being a stage play and since then the adaptation has made it on radio, television, film, and other medias.
The classic novella has also been translated in many language and still in print until this very day.
Source material:deadline.com