The New York Post recently reported that Oscar nominated actor James Franco is in talks with Harmony Korine about a new project which could possibly involve “bloody LA gang street fights”.

Our source said, “They are looking to film two actual street gangs doing a fight scene. The twist is they want the two gangs to fight, using real knives. The production team is panicked that they’ll end up with blood, injuries and potentially dead bodies on set.”

A Korine rep told us, “I can confirm that there is indeed a piece of video art in the works involving gang fights by James and Harmony,” but declined to comment further.

Franco recently opened an art exhibition at the Gagosian in LA entitled “Unfinished” which is a collaboration with Gus Van Sant (a close friend of both Korine & Franco) The show runs until April 9th – and according to NY Daily News, Korine was in attendance at the opening. More information on the gallery and where/how to attend can be found here.