Director Martin Scorsese (Gangs of New York, The Departed) and Leonardo DiCaprio (Shutter Island, The Aviator) have both committed to an adaptation of The Wolf of Wall Street. This film will be the fifth time the duo will be working together.

The film is based on the memoir of the same name by Jordan Belfort. It chronicles his rise and fall as a Wall Street stock broker in the 80′s and 90′s.  The script for the film is written by Terrence Winter, who is currently the executive producer of HBO’s Boardwalk Empire.

In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance. Reputedly the prototype for the film Boiler Room, Stratton Oakmont turned microcap investing into a wickedly lucrative game as Belfort’s hyped-up, coked-out brokers browbeat clients into stock buys that were guaranteed to earn obscene profits, just not for the clients.

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February is in full swing and this week brings a host of new movies and some great classics hitting Blu-ray for the first time. This week’s releases include the first time on Blu-ray Casablanca, Unforgiven, Gangs of New York, Pan’s Labyrinth and The Godfather I and II.

There are also several Dr. Who TV movies, a couple seasons of TV’s Dynasty, Volume 3 of Batman: The Brave and the Bold and the Blu-ray release of Zombieland with Woody Harrelson, Jesse Eisenberg, Emma Stone and Abigail Breslin (pictured above).

Check out this week’s new releases:

Movies

Adam ~ Hugh Dancy, Peter Gallagher, Amy Irving (Blu-ray and DVD)

Amelia ~ Hillary Swank, Richard Gere (Blu-ray and DVD)

Casablanca ~ Humphrey Bogart, Ingrid Bergman, Claude Rains (Blu-ray)

Fear and Loathing in Las Vegas ~ Johnny Depp, Benicio Del Toro, Tobey Maguire (Blu-ray)

Gangs of New York (Remastered) ~ Leonardo DiCaprio, Daniel Day Lewis, John C. Reilly (Blu-ray)

Planet Hulk ~ (Blu-ray and DVD)

Love Happens ~ Jennifer Aniston (Blu-ray and DVD)

Mystic River ~ Sean Penn, Tim Robbins, Kevin Bacon (Blu-ray)

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I’ll admit it, when I worked at Barnes & Noble a few years ago, I used to read on the clock when there were no customers around and no books to put away. My favorite book that I read that year was a kid’s book called The Invention of Hugo Cabret by Brian Selznick. The story is about a boy who lives in a train station and stumbles upon a mysterious robot, which he labors tirelessly to repair.

The book is so magical, because it blends illustrations with an incredibly detailed story, and I could see it all in front of me as I read. I couldn’t help thinking just how great this book would translate to the screen. Better news couldn’t be coming out of that front, as Martin Scorsese has officially signed on to direct the adaptation for film.

The film is set to take place in 1930′s Paris, which is good considering how well Scorsese worked with period pieces such as The Aviator and Gangs of New York. The film is being fast-tracked for a June 1 production date, with such mega producers as Graham King (The Departed), Tim Headington (Edge of Darkness) and even Johnny Depp’s production company Infinitum Nihil.

We can expect to see plenty more from the project, with productions starting up in 6 months. In the meantime, you can catch Martin Scorsese’s next film, Shutter Island in theaters on February 19th.