Production will begin this summer, although a cast hasn't yet been announced. Bryan Singer who had to turn down directing duties is producing with Lauren Shuler Donner and Simon Kinberg.
"I've been a fan of Matthew's since 'Layer Cake," said Singer. "He has a deft hand with multiple characters and storylines, and a great love of the X-Men universe. I feel the combination of this story and his vision will make for an exciting and original X-Men film."
First Class chronicles the beginning of the X-Men saga, before Charles Xavier and Erik Lensherr took the names Professor X and Magneto and when they were discovering their powers for the first time. Close friends then, the two men worked with other mutants (some familiar, some new) to stop a global threat. In the process, a rift between them opened, which began the eternal war between Magneto's Brotherhood and Professor X's X-Men.