Julie Yorn will produce the film with Jennifer Davisson Killoran and DiCaprio, who recently completed shooting the Martin Scorsese thriller Shutter Island.
For Regency, the Beat the Reaper rights follows other recent acquisitions, including the Isaac Asimov sci-fi classic The End of Eternity, and Mr. Romance, a comedy to be directed by Seth Gordon (Four Christmases).
This marks yet another solid adaptation choice for DiCaprio, who is already attached to The Chancellor Manuscript, based on the espionage novel by Robert Ludlum (The Bourne Identity). That film follows Peter Chancellor, as his life becomes a mirror of his latest book, as he becomes tangled in a web involving Washington power brokers and a blackmail plot targeted to alter U.S. policy.