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A new movie starring Ryan Gosling and Chirs Evans will be Netflix's most expensive ever, with a budget of $200 million (£158.2m).
Filming on the tense thriller The Gray Man is penciled in for January 2021, with a host of international locations planned.
The movie is also being produced by the Russo brothers and Mike Larocca, as well as Joe Roth and Jeff Kirschenbaum. The Russos will also direct.
The basic premise is that Gosling's character Court Gentry, a deadly killer, is hunted across the world by fellow killer and former CIA colleague Lloyd Hansen (Evans).
It is based on the 2009 Mark Greaney novel of the same name, with the plan to see Gosling star in a series of movies centred on his character.
According to reports, the film has been in the works for years, with Brad Pitt set to star originally, but it never got off the ground.
Speaking to Deadline, the Russos said they were excited to get to work.
Anthony Russo said: "The movie is a real mano a mano between those two great actors, who represent two different versions of the CIA, in what it can be, and what it can do.
"For those who were fans of Captain America: Winter Soldier, this is us moving into that territory in more of a real world setting. That's what this movie really means for us."
Speaking about the premise of the film and their ambitions for further instalments, Joe Russo said it was a 'dream' to get Gosling and Evans on board.
He told the publication: "The intention is for it to be competitive with any theatrical and the ability to do with Gosling and Evans is a dream for us. The idea is to create a franchise and build out a whole universe, with Ryan at the center of it.
"We have all committed to the first movie and that's got to be great to get us to the second movie. These are master assassins and Gosling's characters gets burned by the CIA and Evans' character has to hunt him down.
"We have a great working relationship with Netflix, and we go back almost 20 years with Scott Stuber. We formed AGBO to be an agnostic storytelling company, where we figure out the best platform. We think Netflix is the perfect place for this film."
But this isn't the only major project that the Russos are working on. They are also heading up a live action retelling of Disney's Hercules.
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