The film, which will be called “It’s Destiny, Child!,” is scheduled to begin production at the end of February.
It will chronicle Beyonce’s childhood, rise to stardom as a solo artist, and her current career as an actress, spokesperson and mother.
“We’re just terribly, terribly thrilled to be able to work with a wonderful professional like Rihanna in this film about a wonderful professional,” said producer Sid Black. “Everyone at Paramount Pictures is very, very excited to begin work on this project, and it has nothing whatsoever to do with any possible clandestine organization that Rihanna or Beyonce may or may not be a part of. None. Whatsoever.”