Leonardo DiCaprio is in negotiations to star in ?Nightmare Alley,? director Guillermo Del Toro?s follow-up to the Best Picture-winning film ?The Shape of Water,? an individual with knowledge of the project told TheWrap. Fox Searchlight has acquired the worldwide rights to release the film, which is being produced and financed by Del Toro and J. Miles Dale with TSG Entertainment. Read the full article on The Wrap