Johnny Depp is set to star in the first-ever English-language film adaptation of Mikhail Bulgakov’s Russian literature classic “ The Master and Margarita .”

The project, which currently does not have a director attached, is being produced by Depp’s own

IN.2 Film shingle in tandem with “Jeanne du Barry” producer Svetlana Dali and Grace Loh.

Dali and Loh will produce with Depp, Stephen Deuters and Stephen Malit. The project was announced at Saudi Arabia’s Red Sea Film Festival as part of its Red Sea Labs program. The Red Sea Fund partly financed “Jeanne du Barry.”

Production on the Depp-led “The Master and Margarita” is expected to start in late 2026.

“Set between 1930s Moscow, where the devil returns with his talking cat to cause havoc amongst its corrupt citizens, and Jerusalem d

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