Exile on Main Street: A Season in Hell with the Rolling Stones will be based on Robert Greenfield's book, which centres on the wild summer during which the band recorded 1972 album Exile on Main St.
Filmmakers are hoping to begin shooting at the beginning of next year (17) and casting directors are already on the look-out for potential Mick Jaggers and Keith Richards.
It is unclear if Jagger, who has produced TV shows and movies including Get On Up, Vinyl and Enigma, will be involved with the project, but his musician and actor son, James, could be among the stars on producers wish lists to play a young Mick.
James is currently playing a punk rocker on his dad's TV drama Vinyl.
Much of Exile on Main Street, the Stones' 10th studio album, was recorded in the basement of Richards' rented villa in Villefranche-sur-Mer, near Nice, while he and Jagger were living in exile in France after falling foul of Britain's tax laws