This one's got awards written all over it. Tim Burton has signed up to direct the Weinstein Co's new movie Big Eyes, based on the relationship between Walter and Margaret Keane, according to the Hollywood Reporter. Oscar winner Christoph Waltz and multiple nominee Amy Adams are in negotiations to play the real-life couple, who rose to fame in the art world in the 1950s and 1960s for their popular paintings of big-eyed children.

The drama, with a script from Ed Wood's Larry Karaszewski and Scott Alexander centers on a decade long dispute between the two after their divorce over who actually painted the famous pictures. Walter compared himself to the likes of Rembrandt, while Margaret vowed to prove she was the true artist by demanding a "paint off." After a years-long court battle, the judge finally ordered the two to paint in court. Walter lost and had to pay millions. He continued to insist he was the painter.

An original take on the movie was set to star Ryan Reynolds and Reese Witherspoon, with Karaszewski and Alexander as directors and Burton as producer, though financing and scheduling fell through. Waltz and Adams appears to be a neater fit, while Burton could really get his teeth into this script.

Tim Burton's last movie, the well-received Frankenweenie, was released last year.

Christoph WaltzAmy Adams
Christoph Waltz [L] With His Oscar For Best Supporting Actor and Amy Adams [R] At The Academy Awards, Where She Was Nominated For Best Supporting Actress, For The Master