Production is expected to begin in the first quarter.

“The Clara Bow story is one of the most intriguing stories in all of Hollywood,” Silver said. “She was an amazing actress and overcame countless obstacles in her rise to stardom. We have wanted to do this project for a long time.”

Bow was born in the slums of Brooklyn into a family plagued with alcoholism and insanity.

She became famous after winning Motion Picture magazine’s 1921 “Fame and Fortune” contest, and her performance as a shopgirl in the 1927 silent film It brought her global fame and the nickname “The It Girl.”

Bow appeared in 46 silent films and 11 talkies, including “Wings” and “Mantrap.”

She retired from acting in 1931 after marrying actor Rex Bell.

Bow died in 1965 at the age of 60.

One of the prime symbols of the Roaring Twenties. Bow cultivated an image that encouraged young women to choose a life for themselves instead of what was expected of them.

Witherill’s credits include “John Wick” and “Drinking Buddies.”