Formerly titled The Master, the film will follow a returning World War II veteran (Hoffman) who creates a "belief system" as a way to reengage with himself following the atrocities of war. That system winds up catching on with other "lost souls," including -- presumably -- Phoenix's character. If all that sounds a little L. Ron Hubbard-y for you, that's because The Master was initially Anderson's veiled treatise on Scientology; while the script has been "greatly overhauled," it seems like some core things have remained the same.
Anderson -- who hasn't directed a film since There Will Be Blood in 2008 -- is reportedly looking at actresses like Amy Adams, Lauren Dern and Madisen Beaty (The Curious Case of Benjamin Button) to play the female lead, a decision which could come soon enough -- the film is set to begin production on June 13.
ยท Harvey Weinstein Buys World Rights To Paul Thomas Anderson's Untitled Next Film [Deadline]