Hollywood is officially out of ideas.

So feels Paul Schrader, the writer-director best known for screenplays like Taxi Driver and Raging Bull. Which is why he's now making a Bollywood movie.

Quoted in The Hollywood Reporter as saying the US film market has become 'barren,' Schrader confirms that he will make a Bollywood actioner called Extreme City -- and that it will not be a masala movie.

Schrader is set to write and direct the film, produced by Anubhav Sinha (of Cash and Dus fame). The two are evidently in talks with a number of Bollywood stars.

And yes, there will be songs.

Text: rediff Entertainment Bureau

In the picture: (left) Paul Schrader and Robert De Niro [Images] (right) in a scene from Taxi Driver.