Kristen Stewart to play Princess Diana in Pablo Larraín’s Spencer

Kristen Stewart is set to play Princess Diana in Spencer, which Pablo Larraín (Jackie) will direct, an individual with knowledge of the project told TheWrap.

Steven Knight (Peaky Blinders, Taboo) wrote the screenplay and production is set to begin in early 2021. Larraín is producing alongside Juan de Dios Larraín through their Fabula banner. Jonas Dornbach, Janine Jackowski and Paul Webster are also producing.

FilmNation Entertainment will represent the international rights and will introduce the film to buyers at the upcoming virtual Cannes market. CAA Media Finance, which arranged financing for the film, will represent US distribution rights. Endeavor Content is co-repping domestic sales.

20 PHOTOS
Kristen Stewart out and about
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Kristen Stewart out and about
BEVERLY HILLS, CA - NOVEMBER 10: Kristen Stewart attends the 31st American Cinematheque Award Presentation Honoring Amy Adams Presented by GRoW @ Annenberg. Presentation of The 3rd Annual Sid Grauman Award Sponsored by Hill Valley, presented to Richard Gelfond and Greg Foster on behalf of IMAX at The Beverly Hilton Hotel on November 10, 2017 in Beverly Hills, California. (Photo by John Sciulli/Getty Images for American Cinematheque)
BEVERLY HILLS, CA - NOVEMBER 10: Kristen Stewart attends the 31st American Cinematheque Award Presentation Honoring Amy Adams Presented by GRoW @ Annenberg. Presentation of The 3rd Annual Sid Grauman Award Sponsored by Hill Valley, presented to Richard Gelfond and Greg Foster on behalf of IMAX at The Beverly Hilton Hotel on November 10, 2017 in Beverly Hills, California. (Photo by John Sciulli/Getty Images for American Cinematheque)
LOS ANGELES, CA - NOVEMBER 09: Actress Kristen Stewart attends the premiere of Starlight Studios and Refinery29's 'Come Swim' on November 9, 2017 in Los Angeles, California. (Photo by JB Lacroix/ WireImage)
LOS ANGELES, CA - OCTOBER 16: Kristen Stewart attends ELLE's 24th Annual Women in Hollywood Celebration presented by L'Oreal Paris, Real Is Rare, Real Is A Diamond and CALVIN KLEIN at Four Seasons Hotel Los Angeles at Beverly Hills on October 16, 2017 in Los Angeles, California. (Photo by Neilson Barnard/Getty Images for ELLE)
NEW YORK, NY - SEPTEMBER 10: Kristen Stewart and Stella Maxwell are spotted in soho on September 10, 2017 in New York City. (Photo by Pierre Suu/GC Images)
NEW YORK, NY - AUGUST 30: Actress/director Kristen Stewart attends the MOMA Screening of Refinery29's 'Come Swim' directed by Kristen Stewart at MOMA on August 30, 2017 in New York City. (Photo by Lars Niki/Getty Images for Museum of Modern Art, Department of Film)
PARIS, FRANCE - JULY 04: Actress Kristen Stewart attends the launching Party of Chanel's new perfume 'Gabrielle' as part of Paris Fashion Week on July 4, 2017 in Paris, France. (Photo by Bertrand Rindoff Petroff/Getty Images)
PARIS, FRANCE - JULY 04: Actress Kristen Stewart attends the Chanel Haute Couture Fall/Winter 2017-2018 show as part of Paris Fashion Week on July 4, 2017 in Paris, France. (Photo by Foc Kan/WireImage)
LOS ANGELES, CA - JUNE 07: Actress Kristen Stewart attends the Brady Center's Bear Awards Gala at NeueHouse Hollywood on June 7, 2017 in Los Angeles, California. (Photo by Emma McIntyre/Getty Images)
CANNES, FRANCE - MAY 20: Actress Kristen Stewart poses for a photo before the screening of the film '120 battements par minute' (120 Beats Per Minute) on May 20, 2017 in Cannes, France. (Photo by Anatoliy Zhdanov/Kommersant via Getty Images)
CANNES, FRANCE - MAY 20: Kristen Stewart attends the '120 Battements Par Minutes (120 Beats Per Minute)' screening during the 70th annual Cannes Film Festival at Palais des Festivals on May 20, 2017 in Cannes, France. (Photo by Tony Barson/FilmMagic)
NEW YORK, NY - MARCH 09: Actress Kristen Stewart is seen walking on March 9, 2017 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - MARCH 9: Kristen Stewart attends the 'Personal Shopper' New York Premiere at Metrograph on March 9, 2017 in New York City. (Photo by Paul Bruinooge/Patrick McMullan via Getty Images)
NEW YORK, NY - MARCH 09: Actress Kristen Stewart is seen walking in Soho on March 9, 2017 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - MARCH 09: Actress Kristen Stewart visits 'The Late Show With Stephen Colbert' at Ed Sullivan Theater on March 9, 2017 in New York City. (Photo by Gilbert Carrasquillo/GC Images)
LOS ANGELES, CA - MARCH 07: Actress Kristen Stewart attends the premiere of IFC Films' 'Personal Shopper' at The Carondelet House on March 7, 2017 in Los Angeles, California. (Photo by Allen Berezovsky/Getty Images for Fashion Media)
LOS ANGELES, CA - MARCH 06: Kristen Stewart attends the Film Independent at LACMA screening and Q&A of 'Personal Shopper' at Bing Theatre at LACMA on March 6, 2017 in Los Angeles, California. (Photo by Araya Diaz/WireImage)
LOS ANGELES, CA - FEBRUARY 25: Kristen Stewart attends Charles Finch and CHANEL Pre-Oscar Awards Dinner at Madeo Restaurant on February 25, 2017 in Los Angeles, California. (Photo by Presley Ann Slack/Patrick McMullan via Getty Images)
SATURDAY NIGHT LIVE -- 'Kristen Stewart' Episode 1717 -- Pictured: Host Kristen Stewart during the Monologue on February 4th, 2017 -- (Photo by: Will Heath/NBC/NBCU Photo Bank via Getty Images)
PARK CITY, UT - JANUARY 20: Kristen Stewart from the film 'Come Swim' attends The Hollywood Reporter 2017 Sundance Studio At Sky Strada - Day 1 - 2017 Park City on January 20, 2017 in Park City, Utah. (Photo by John Parra/Getty Images for The Hollywood Reporter)
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Spencer will look at Princess Diana over the course of one of her final Christmas holidays with the House of Windsor in their legendary Sandringham estate.

Stewart most recently starred in Seberg and Charlie's Angels as well as Underwater and is currently in post-production for Happiest Season alongside Alison Brie, Aubrey Plaza and Dan Levy. Larraín's credits include Jackie, which was about Jackie Kennedy, as well as Ema and Neruda.

Larraín is represented by CAA and Management 360, while Stewart is represented by WME, McKuin Frankel Whitehead, LLP, and Viewpoint. Knight is represented by United Agents and Nelson Davis.

51 PHOTOS
Princess Diana
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Princess Diana
File photo dated 29/6/1994 of the Princess of Wales arriving at the Serpentine Gallery in London's Hyde Park to attend a gala dinner as its patron. Twenty-five years ago, the Princess of Wales stepped out in her "revenge dress".
Diana and the Queen snapped in good spirits.
TETBURY, UNITED KINGDOM - JULY 18: Princess Diana Resting Her Head In Her Hands Whilst Sitting On The Steps Of Her Home At Highgrove, Gloucestershire. (Photo by Tim Graham Photo Library via Getty Images)

The Princess of Wales rides in the passenger seat of a vintage Mercedes-Benz.

Princess Diana, Prince Harry, Prince William, Prince Charles at William's first day at Eton.
circa 1965: A young Lady Diana Spencer (1961 - 1997), later the wife of Prince Charles.
Prince Charles and his fiancee Lady Diana Spencer with Queen Elizabeth II at Buckingham Palace, 7th March 1981.
Prince Charles  and Lady Diana Spencer on their wedding day.
Prince Charles and Lady Diana Spencer on their wedding day.
Prince Charles, the Prince of Wales kissing his wife, Princess Diana (1961 - 1997), on the balcony of Buckingham Palace after their marriage.
Princess Diana on her wedding day.
(FILE PHOTO) The Prince and Princess of Wales leave St Paul's Cathedral after their wedding, 29th July 1981. She wears a wedding dress by David and Elizabeth Emmanuel and the Spencer family tiara.
A pregnant Princess of Wales joins the royal family on the balcony of Buckingham Palace for the Trooping of the Colour ceremony, June 1982. The Queen, Prince Philip, Princess Alexandra of Kent and Angus Ogilvy are among the group. 
(FILE PHOTO) The Princess of Wales attends a dinner held by President Ghulam Ishaq Khan in Islamabad during her official visit to Pakistan, September 1991.
Princess Diana pictured in a tiara.

Diana looks deep in thought on her wedding day.

Princess Diana smiles for the cameras.
Princess Diana in a stylish evening gown.
Princess Diana and Prince Philip at a polo match in Windsor on July 26th , 1987.
Prince Charles and Princess Diana leave St. Mary’s Hospital in London, with Prince Harry on September 16, 1984.
Princess Diana with her sons William and Harry in 1995.
Princess Diana pictured in a stylish beret.
Princess Diana is snapped in India.
Princess Diana doing charity work.
Princess Diana holding Harry as a baby.
Princess Diana meeting members of the public.
Princess Diana poses in a bikini during a holiday.
Diana beams as she sits with William and Harry.
Princess Diana pictured with young William.
Princess Diana is seen holding hands with her two young sons William and Harry.
Princess Diana with William and Harry.
Diana with her sons in December 1995.
Diana pictured with Charles.

An adorable Prince William and Prince Harry can be seen standing beside their mother, Princess Diana, as a little girl gives flowers to the Queen Mother in 1991.

Prince Charles, Prince of Wales, kissing Princess Diana, Princess of Wales, at a polo match.
Diana gets involved in a parents' day race.

Diana dazzles in a green frock.

Diana and Charles pictured at a glamorous evening event.
Diana and Charles pose for a formal picture.
Charles and Diana boarding a flight.
Charles and Diana as newlyweds.
Diana sporting a casual look.

Diana wears a tartan outfit to match Charles' kilt for a trip to Scotland.

A young Diana shows off sapphire sparkler.
Diana dazzles in white frock and tiara during trip to the Middle East.
Diana pictured with baby Harry.
Diana poses for pictures with members of the public during a walkabout.
Diana and Charles enjoy a family day out.
Diana pictured alongside a stern-faced Queen.
Diana pictured alongside Princess Anne.
TETBURY, UNITED KINGDOM - JULY 18: Princess Diana Resting Her Head In Her Hands Whilst Sitting On The Steps Of Her Home At Highgrove, Gloucestershire. (Photo by Tim Graham Photo Library via Getty Images)
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- This article first appeared on The Wrap

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