Tim Burton taking directing reigns.

Early last year it was announced that Reese Witherspoon (‘Devil’s Knot,’ ‘Mud’) and Ryan Reynolds (‘R.I.P.D.,’ ‘The Croods’) had closed deals to star in the long-in-development indie drama ‘Big Eyes.

Forward on a year and Mike Fleming over at Deadline is reporting that Amy Adams (‘The Master’) and ‘Django Unchained’ star Christoph Waltz are now board to lead the film, a biopic of artists Margaret and Walter Keane, whose art — especially paintings of doe-eyed children — became a pop phenomenon in the 1950s and 1960s. The couple’s lives were filled with controversy; while it was the extremely shy and timid Margaret who was the true talent, Walter stole all the credit, selling the art under his name. They became embroiled in a heated court case over who deserved credit for the art.

Taking the director’s chair for the film is Tim Burton, replacing screenwriters Scott Alexander and Larry Karaszewski, who were previously in line to direct from their own screenplay.