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CBS Films has tapped Mary-Kate Olsen and Alex Pettyfer to star alongside Vanessa Hudgens in teen romancer "Beastly," with Susan Cartsonis producing via her Storefront Films shingle.

Daniel Barnz is directing from his own script, in which Olsen's character places a curse on a handsome egocentric young man, to be portrayed by Pettyfer, who's physically transformed into everything he despises.

Story's based on Alex Flinn's fantasy novel, a retelling of "Beauty and the Beast" set in modern-day New York. CBS acquired feature rights to "Beastly" in late 2007 as one of its first projects.

Shooting starts June 13 in Montreal. Roz Weisberg is co-producing.

Olsen last appeared in "The Wackness" opposite Ben Kingsley. Pettyfer starred in "Alex Rider: Operation Stormbreaker."