Variety reports that Taymor will helm "All You Need Is Love," a new picture for Revolution Studios that features 18 classics tunes by the Beatles. The film, according to the industry paper, concerns "two star-crossed lovers in London in the 1960s." Moviegoers can expect to see the film in November 2006; production begins in September. Matt Gross, Suzanne Todd and Jennifer Todd will produce "All You Need Is Love" with Derek Dauchy as executive producer and Ben Haber as co producer. The film is being written by Dick Clement and Ian La Frenais.

Julie Taymor received the 1998 Tony Award for Best Director of a Musical for her work on The Lion King; Taymor was the first woman in Tony Award history to receive the prize. She also nabbed the Tony for Best Costume Designer for her Lion King designs. Her other Broadway credits include Juan Darien and The Green Bird. Taymor made her film directorial debut with "Titus" in 1999; she also directed the acclaimed "Frida," based on the life of Mexican painter Frida Kahlo.