Lionsgate has acquired the U.S. distribution rights to "One for the Money", an adaptation of the best selling Janet Evanovich novel in which Katherine will play lingerie buyer turned bounty hunter Stephanie Plum. Production is set to begin on July 12th.

Plum can't catch a break. At 30, she finds herself newly-divorced, recently laid-off, and living with her hamster in Trenton, N.J. Broke and desperate, she lands a job working for her slimy cousin and his bail bond business. In need of fast cash she latches on to his biggest case - a local cop wanted for murder who just happens to be the guy that broke her heart in high school. Stephanie gets resourceful and tough, as she is swept up in a suspenseful world of murder, deceit, with a bit of romance.

"One For The Money" was acquired from Lakeshore Entertainment and Sidney Kimmel Entertainment, with Tom Rosenberg and Gary Lucchesi producing alongside Sidney Kimmel and Wendy Finerman. Lakeshore’s Elisabeth Costa de Beauregard and Nick Meyer’s Sierra Pictures are selling international distribution. Lionsgate COO/Motion Picture Group president Joe Drake made the deal with Rosenberg and Kimmel. Mike Paseornek, Lionsgate President of Motion Picture Production, will oversee the production for Lionsgate.

The Last Song director Julie Ann Robinson will helm the adaptation that has been rewritten by Nurse Jackie writer Liz Brixius.

Said Paseornek, "We're very excited to join our friends at Lakeshore and Sidney Kimmel Entertainment in bringing 'One For The Money' to the big screen. And we're delighted to be working again with Katherine Heigl, who is the perfect actress to play Janet Evanovich's smart, gutsy and funny heroine."

Said Rosenberg, "Janet Evanovich has created an extraordinary literary character in Stephanie Plum. Katherine Heigl is the perfect actress to bring Stephanie to the screen. Gary Lucchesi and I are thrilled to be reunited with her after our wonderful experience on 'The Ugly Truth'. This is our second collaboration with Sidney Kimmel and we are looking forward to many more. Having worked on several films with Lionsgate over the years, we know that 'One For The Money' is in the best possible hands."

Said Kimmel, "We are thrilled to be partnering again with Gary Lucchesi and Tom Rosenberg on this exciting project. 'One For The Money' will be a great second collaboration. With Katherine Heigl lending her tremendous talent to Janet Evanovich's character, we foresee a great film in the making."

Katherine also stars in Lionsgate's soon to be released action comedy "Killers" which hits theatres on June 4th.