March 08, 2012 02:18:00 GMT
Magical Elves is currently in negotiations to direct the 'Teenage Dream' singer's concert documentary movie, which will be titled 'Katy Perry: Part of Me'.
Back in January, it was reported that Katy Perry wanted to make her own concert documentary movie in 3D. On Wednesday, March 7, the "I Kissed a Girl Hitmaker" confirmed that her passion project has officially been approved by Paramount Pictures and has been scheduled to open wide in the U.S. theaters this summer.
Taking to her Twitter account, the popstar who currently dyes her hair blue announced the good news to her fans as writing, "FINALLY, my MOVIE is coming out with Paramount this summer!" She additionally revealed the title of her 3D film, tweeting, "It's called 'KATY PERRY: PART OF ME' Presented in 3D! KATYCATS-LETS TREND #KP3D."
Meanwhile, The Hollywood Reporter broke the news that the concert movie is already close to find its director. Magical Elves, which consists of producer duo Dan Cutforth and Jane Lipsitz, are in talks with Paramount to helm Katy's movie. The Elves had previously worked as the producers of "Justin Bieber: Never Say Never".
"Katy Perry: Part of Me" is designed as a concert-documentary movie hybrid, which aims to show the "E.T." singer's life on and off the stage as well as gives a fan's perspective on the songstress. An insider previously revealed that the film will likely be developed in similar tone to Justin Bieber's concert pic.
Katy could follow the footsteps of several celebrities who made successful documentary films in these past years. In 2008, Miley Cyrus made "Hannah Montana/Miley Cyrus: Best of Both Worlds Concert Tour", which grossed $65 million domestically. A year later, "Jonas Brothers: The 3D Concert Experience" repeated the success.
The world's biggest gross concert movie so far is Michael Jackson's "This Is It", which collected a massive $261.2 million in 2009. As for Justin's film, "Never Say Never" collected a total domestic cume of $73 million after being released nationwide on February 11, 2011.
Still, there was a concert documentary pic that couldn't share the same victory as its predecessors. Last year, "Glee: The 3D Concert Movie" had a weak performance on box office by grossing a mere $11.8 million in North America.