Hayden Panettiere and Nikki Reed are attached to star in the new thriller Downers Grove, Myriad Pictures and the producers announce today. Myriad has acquired worldwide rights outside of North America to the thriller and is pre-selling this week at the American Film Market.

The screenplay was written by Bret Easton Ellis based on the novel by Michael Hornberg. Nelson McCormick will direct. The cast so far includes Hayden Panettiere, Nikki Reed and  Rebecca De Mornay. The story revolves around a “curse” at the high school in the Chicago suburb of Downer’s Grove. Every year one senior dies a bizarre death before the end of the school year. Christie Swanson (Panettiere) is paranoid that this year, the victim will be her.

The film is being produced by Oren Segal of Media Talent Group, Chiara Trento from Bystander Films Jason Dubin from Mangrove Media. Myriad Pictures and the producers are putting together the financing. The film will shoot in Louisiana in Spring 2011.