David Cronenberg has plans to adapt Robert Ludlum's "The Matarese Circle" as a big budget film starring Tom Cruise and Denzel Washington.

Variety uncovered more details of the film's schedule, based on a book about a KGB and CIA agent who team up to fight an international cabal of killers. Following the success of film adaptations of Ludlum's Jason Bourne series, the project has drawn some big name stars with tight schedules.

Here's more from the article, which includes some surprising remake news: "[Cronenberg] is prepping for MGM 'The Matarese Circle' as a starring vehicle for Tom Cruise and Denzel Washington. Since Cruise appears likely to next star in the DreamWorks drama 'Motorcade' and Washington has committed to the Fox drama 'Unstoppable,' 'Circle' doesn't appear likely to get under way until later this year or 2010."