The Oscar-winning actors are teaming for a limited series on the 1980s Cold War relationship between President Ronald Reagan and Mikhail Gorbachev, the last leader of the Soviet Union. Glengarry Glen Ross director James Foley is on board to direct Reagan & Gorbachev from Paramount Television Studios, which will shop the project to streaming services and networks. Written by B. Garida and adapted from Reagan administration official Ken Adelman’s 2014 book Reagan at Reykjavik: Forty-Eight Hours That Ended the Cold War, Reagan & Gorbachev "tells the dramatic account of the historic 1986 Reagan-Gorbachev summit in Iceland, the definitive weekend that was the key turning point in the Cold War—from the vantage point of Reagan’s arms control director, Ken Adelman," per Deadline. "The leaders met for a forty-eight-hour summit in Reykjavik, Iceland. Planned as a short, inconsequential gathering to outline future talks, the meeting quickly turned to major international issues, including the strategic defense initiative and the possibility of eliminating all nuclear weapons. Those negotiations laid the groundwork for the most sweeping arms accord in history the following year. It was a weekend that changed the world and the series provides an honest and up-close portrait of President Reagan at one of his finest and most challenging moments, per its makers."