Lily Collins is stepping into Audrey Hepburn's shoes.
The "Emily in Paris" star confirmed in an Instagram post Monday that she will portray the Hollywood icon in a new film about the making of "Breakfast at Tiffany's," in which Hepburn starred alongside George Peppard in 1961.
In her post, Collins shared a screengrab of a Deadline report, which stated that the upcoming project will be coming from Collins' production company, Case Study Films, which she launched in 2022 with her husband Charlie McDowell and independent film producer Alex Orlovsky.
"It's with almost 10 years of development and a lifetime of admiration and adoration for Audrey that I'm finally able to share this," Collins captioned her post. "Honored and ecstatic don't begin to express how I feel...."
On her Instagram story, Collins also shared several past posts showing her channeling Hepburn over the years in various photo shoots. In one post from 2021 during Women's History Month, Collins called Hepburn her "muse."
The actress most recently paid tribute to Hepburn in seasons 4 and 5 of "Emily in Paris," paying homage to some of the actress and humanitarian's famous film looks, including one inspired by "Roman Holiday" and an aprés-ski-inspired look Hepburn wore in "Charade."
According to Deadline, Alena Smith will be behind the script. Smith, who is known for creating the Apple TV+ series "Dickinson," will be adapting the new script from Sam Wasson's 2010 bestselling book, "Fifth Avenue, 5 A.M.: Audrey Hepburn, Breakfast at Tiffany's and the Dawn of the Modern Woman."
A synopsis for Wasson's book describes it as "the first complete account of the making of 'Breakfast at Tiffany's,'" adding that it "reveals little-known facts about the cinema classic."
The upcoming project from Case Study Films will also be developed alongside Imagine Entertainment and producer Scott LaStaiti, according to Deadline.
"Breakfast at Tiffany's" was released in 1961 by director Blake Edwards from a screenplay by George Axelrod. The film, which is based on the bestselling novel by Truman Capote, follows a young New York socialite named Holly Golightly (Hepburn), who dreams of marrying rich.
When she forms an unexpected bond with her neighbor, aspiring novelist Paul Varjak, she is forced to reckon with the vulnerability she's long avoided.
The film won two Academy Awards in 1962, one for best score and one for best original song for "Moon River."
