Warren Beatty will be directing and starring in an unnamed comedy for Paramount Pictures soon.

The actor/ director will be back in action after 10 years, his last outing was Town and Country in 2001, a box office disaster. His previous directorial ventures won him an academy award for Reds and nominations for Heaven can Wait and Bulworth.

He directed and acted in Dick Tracy, a stylish, hip gangster, detective movie which was very well received. Recently it was reported that he plans to make Dick Tracy 2.

Will it be a reboot or a sequel is anybody's guess as no further details are available.

Warren Beatty was dubbed Mr Hollywood by the Time Magazine and he indeed embodies all the glamour and power associated with the film industry. A recent biography Star: How Warren Beatty Seduced America, by Peter Biskin, claims that he slept with more than 12,000 women. A claim his attorney refuted and rubbished the autobiography.

Beatty has been linked with quite a few leading ladies of Hollywood namely Joan Collins, Jane Fonda, Diana Keaton, Leslie Carson, Julie Christie, Isabella Adjani, Madonnaand Ella Macpherson. He is married to Annettte Bening.