Lily Collins will portray cinema icon Audrey Hepburn in a new film about the making of the 1961 comedy “Breakfast at Tiffany’s,” the actor and producer announced Monday. 

The new project is an adaptation of the book “Fifth Avenue, 5 A.M.: Audrey Hepburn, Breakfast at Tiffany’s and the Dawn of the Modern Woman” by Sam Wasson, Variety reported. 

Collins confirmed the news in an Instagram post. 

“It’s with almost 10 years of development and a lifetime of admiration and adoration for Audrey that I’m finally able to share this,” she wrote. “Honored and ecstatic don’t begin to express how I feel …”

Collins’ Case Study Films is producing the film along with Imagine Entertainment and Felix Farmer Productions. Alena Smith, who was a writer for “The Affair” and “Dickinson,” is writing the script. 

Hepburn starred as Holly Golightly in what would become one of her most iconic roles. “Breakfast at Tiffany’s” also starred George Peppard and was based on a book of the same name by Truman Capote. 

About the author

Danielle Haynes is the co-founder and co-editor of Booked & Screened, covering book-to-screen adaptations, film and TV development. As a person of a certain age, she fully believes the best thing to come out of “Breakfast at Tiffany’s” is the 1995 song by Deep Blue Something.