The highly-anticipated film will centre on the numerous women who came forward with allegations of sexual misconduct against Fox News chairman Roger Ailes, which led to his resignation in 2016.
"The film will tell the story of the ensemble of women who took on the toxic male culture of Fox News and helped depose its chief architect," the movies official description reads.
John Lithgow will be taking on the role of late businessman who passed away in May 2017 nearly a year after his resignation.
Meanwhile Nicole has been nominated for a Golden Globe for best performance for her role in Destroyer.
The 51-year-old actress responded to the nomination saying in a statement: "I'm so, so happy for this film. This crazy, female-driven film with this dangerous, complicated woman at the centre of it."
"It was such a risk, so to be acknowledged — the Hollywood Foreign Press is so good at that because they acknowledge these small films that would really struggle if they didn’t get this kind of celebration."