Mike Fleming

BREAKING: Joaquin Phoenix is in talks to reteam with The Master helmer Paul Thomas Anderson on Inherent Vice, an adaptation of the Thomas Pynchon detective novel. Annapurna Pictures’ Megan Ellison is backing the picture, as she did The Master. Phoenix is Oscar nominated in The Master, in one of his career best performances. He’s repped by WME and Sloane, Offer, Weber and Dern.

For all of Deadline's headlines, follow us @Deadline on Twitter.