Source: Variety

Julia Roberts has acquired the rights for "In the Neighborhood" through her Red Om Films production company. "Neighborhood" is a new nonfiction book from Peter Lovenheim and it will be published in April.

Red Om has a first-look deal with Reliance Big Entertainment, where they've set up four other projects.

Roberts will next be seen as part of the impressive ensemble cast of Garry Marshall's Valentine's Day. The Oscar-winning actress is now shooting Eat, Pray, Love with the likes of James Franco, Billy Crudup and Javier Bardem.

Roberts last appeared on screen opposite Clive Owen in Duplicity, which turned out to be a minor disappointment at the box office after it grossed only $40.5 million domestically.