The movie is set to begin production in July and will star a cast of Spanish actors including Javier Cámara, Cecilia Roth, Lola Dueñas, Paz Vega, and Academy Award winner Penélope Cruz.
Banderas and Aldomovar have worked together on numerous films, including The Skin I Live In In, Tie Me Up!, Tie Me Down!, Women on the Verge of a Nervous Breakdown and Law of Desire.
Banderas starred on Broadway in Nine, receiving a Tony Award nomination and a Drama Desk Award for his performance. He is scheduled to return to Broadway in Zorba! in 2013.