The principals confirmed the project but would not divulge many details, Variety says. However, the trade does say that DiCaprio will play a Viking in a storyline that will be "as unsparing as Gibson's other period directing efforts, Braveheart, The Passion of the Christ and Apocalypto.
"This will be an awe-inspiring story, created with some of the industry's finest cinematic talent, and I am just over the moon to be making this film with Mel, Leo and Bill," King said.
DiCaprio will likely take a film before this one. He just completed the Christopher Nolan-directed Inception and will next be seen in the Martin Scorsese-directed Shutter Island. Gibson just finished the Jodie Foster-directed The Beaver.