Jared Leto all set to sit behind the camera for Paramount

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Development on 77 began almost two decades ago when Ellroy was hired by Paramount Pictures to provide the original screenplay.

This isn't Leto's first time in the director's chair. Previously he directed a few documentaries, such Artifact, Great Wide Open, Beyond the Horizon and a numerous number of music videos and commercials. Also starring Ryan Gosling, Harrison Ford, Ana de Armas, Sylvia Hoeks, Robin Wright, Mackenzie Davis, Carla Juri, Lennie James and Dave Bautista, the follow-up to Ridley Scott's genre-defining 1982 sci-fi thriller hits theaters October 6.

Set in 1974 Los Angeles, 77 centres around two police officers who team up to recover kidnapped heiress Patty Hearst.

Hearst hid out in Los Angeles that year with the Symbionese Liberation Army and managed to escape from a shootout with the LAPD at an Inglewood sporting goods store.

The Academy Award-winning actor will take the helm of the movie for Paramount and Wolf Films, and will also produce alongside Dick Wolf andTony Ganz, according to Deadline.

Emma Ludbrook - who works with Leto under their company Paradox - is on hand to executive produce the forthcoming production.

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