Wally Pfister, who has served as cinematographer on all of Christopher Nolan's films since Memento, has landed an A-list star for his directorial debut.
THR says that landing Depp came at a steep price. The actor will get "$20 million against 15% of the gross," meaning the better the film performs at the box office, a bigger chunk of money goes to Depp. The deal is similar to Depp's contract structure for the Pirates of the Caribbean franchise, which has earned him over $300 million to date.
The plot reportedly centers on "a man who creates a computer that develops a malevolent awareness." Depp will play a husband who gets sucked into the computer, contingent on changes Pfister is making to the script.
Other actors being mentioned include Noomi Rapace as the possible female lead with Pfister considering James McAvoy and Tobey Maguire for another big role. There's also an offer out to Christoph Waltz for a supporting role.
Transcendence is being set up to shoot in early 2013, with Warner Bros. releasing through their Alcon production company. No release date has been mentioned as of yet.