EXCLUSIVE: After announcing a directing deal at the EFM in February, Barbra Streisand and Aldamisa International have identified the project that will mark the multi-hyphenate’s return to feature helming. Streisand will direct an as-yet untitled love story based on the relationship between photographer Margaret Bourke-White and author Erskine Caldwell. This will be her first time directing a motion picture since 1996′s The Mirror Has Two Faces, in which she starred alongside Jeff Bridges. Streisand is not expected to appear in the film and I understand that casting is underway with an eye to shoot before the end of the year. Streisand is currently overseeing the screenplay for the project. She had previously sought to film the story, but that production did not come to fruition. This is a new take.

Bourke-White was a pioneering photojournalist who became the first female photographer for Life magazine in 1936. She married Caldwell, the controversial southern author of Tobacco Road and God’s Little Acre, in 1939. They most famously collaborated on You Have Seen Their Faces, a pictorial survey of the rural American South during the Great Depression. The film will chart the pair’s tumultuous relationship. They divorced in 1942.

Streisand’s other directing efforts have included 1983′s Yentl, 1991′s The Prince Of Tides and The Mirror Has Two Faces. The three films received a total of 14 Academy Award nominations, although Streisand was notoriously not nominated for directing The Prince Of Tides, despite the film turning up in the Best Picture category. She has won 2 Oscars, 5 Emmys, 10 Grammys and 12 Golden Globes and gave a showstopping rendition of The Way We Were at this year’s Oscars.

Mark Manuel’s Kilburn Media will finance the film and Aldamisa will handle worldwide sales. Aldamisa’s president of international sales & aquisitions, Nadine de Barros, will serve as a producer. Streisand recently signed with UTA for representation as an actress, director and producer. She continues to be represented by her longtime manager Marty Erlichman.

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