According to Variety, the film would reunite Scorsese with his Departed producer Graham King.
The story centers on a 12-year-old orphan named Hugo, who lives in a train station and must finish what his late father started by solving the mystery of a broken robot. The project would mark Scorsese's first foray into kid lit -- a genre that is attracting a number of high-profile directors including Wes Anderson (The Fantastic Mr. Fox) and Spike Jonze (Where the Wild Things Are), whose films are resonating with adult audiences.
The Invention of Hugo Cabret, which won the Randolph Caldecott Medal in 2008 for the most distinguished American picture book for children, is a mammoth tome at 533 pages. More than half of the pages contain elaborate pictures that the New York Times described as looking like movie storyboard frames. Ice Age helmer Chris Wedge was previously attached to direct The Invention of Hugo Cabret, which was a long-running Times best-seller.
John Logan, (The Aviator), adapted the screenplay.
Production is on the fast track for a June 1 start in London.
Hugo was released November 23rd, 2011 and stars Ben Kingsley, Sacha Baron Cohen, Asa Butterfield, Chloe Moretz, Ray Winstone, Emily Mortimer, Christopher Lee, Helen McCrory. The film is directed by Martin Scorsese.