Jason Reitman's LABOR DAY set up at Paramount Pictures

It was recently announced that Paramount Pictures and Indian Paintbrush will co-produce director Jason Reitman's (Up In The Air) next film Labor Day. The film boasts a great cast that includes Kate Winslet (Heavenly Creatures)  and Josh Brolin (The Goonies).

The film will be based on the novel written by Joyce Maynard, and tells the story of an escaped convict (Brolin) who seeks shelter with a single mom (Winslet) and her young son over a long Labor Day weekend.

Reitman is a very talented director and I've enjoyed all of his films so far. He's currently working on the film Young Adult with Charlize Theron.

Here's the official description of the book:

With the end of summer closing in and a steamy Labor Day weekend looming in the town of Holton Mills, New Hampshire, thirteen-year-old Henry—lonely, friendless, not too good at sports—spends most of his time watching television, reading, and daydreaming about the soft skin and budding bodies of his female classmates. For company Henry has his long-divorced mother, Adele—a onetime dancer whose summer project was to teach him how to foxtrot; his hamster, Joe; and awkward Saturday-night outings to Friendly's with his estranged father and new stepfamily. As much as he tries, Henry knows that even with his jokes and his "Husband for a Day" coupon, he still can't make his emotionally fragile mother happy. Adele has a secret that makes it hard for her to leave their house, and seems to possess an irreparably broken heart.

But all that changes on the Thursday before Labor Day, when a mysterious bleeding man named Frank approaches Henry and asks for a hand. Over the next five days, Henry will learn some of life's most valuable lessons: how to throw a baseball, the secret to perfect piecrust, the breathless pain of jealousy, the power of betrayal, and the importance of putting others—especially those we love—above ourselves. And the knowledge that real love is worth waiting for.

In a manner evoking Ian McEwan's Atonement and Nick Hornby's About a Boy, acclaimed author Joyce Maynard weaves a beautiful, poignant tale of love, sex, adolescence, and devastating treachery as seen through the eyes of a young teenage boy—and the man he later becomes—looking back at an unexpected encounter that begins one single long, hot, life-altering weekend.

Here's the official press release:

HOLLYWOOD, CA (September 9, 2011) – Paramount Pictures and Indian Paintbrush jointly announced today they will co-produce, and Paramount will distribute, Academy Award®-nominated writer / director Jason Reitman’s LABOR DAY starring Academy Award®-winner Kate Winslet and Academy Award® nominee Josh Brolin. Indian Paintbrush will co-finance the project, with the company’s Steven Rales and Mark Roybal executive producing.

The movie will be produced by Academy Award®-nominated producers Lianne Halfon and Russell Smith of Mr. Mudd Productions, along with Reitman and Helen Estabrook of Right of Way Films.

Adapted by Reitman and based on the novel by Joyce Maynard, LABOR DAY tells the story of an escaped convict (Brolin) who seeks shelter with a single mom (Winslet) and her young son over a long Labor Day weekend.

The film marks the fourth collaboration for Jason Reitman and Paramount. His latest film “Young Adult,” starring Charlize Theron, will hit theaters on December 9, 2011. The studio previously released his Academy-Award® nominated “Up in the Air”in 2010. Earning over $160 million world-wide, the movie earned six Academy-Award® nominations, and five Golden Globe nominations, with Reitman taking home the Golden Globe for Best Adapted Screenplay.

Indian Paintbrush, Mr. Mudd and Right of Way Films also produced the upcoming Paramount Vantage film “Jeff, Who Lives At Home,” starring Jason Segel and Ed Helms. Directed by Jay and Mark Duplass, the movie is set for release in March 2012 and will have its world premiere at the 2011 Toronto International Film Festival.

Kate Winslet and Josh Brolin are repped at CAA. WME reps Jason Reitman and Mr. Mudd.

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