Per Deadline today, Paul Thomas Anderson is receiving backing from Focus Features for his forthcoming, untitled, high school-set 9th feature. It marks back-to-back collaborations for PTA and Focus, as they also pitched in for 2017's Phantom Thread.
It sounds like the project is quickly taking shape, with PTA already securing a tax credit from the state of California for production of the picture.
Perhaps most worth noting from today's news is that Deadline states production for the film is looking closer to a Spring or Summer 2020 start date, as opposed to the early 2020 time frame that had been initially reported. One would think this rules Untitled High School Movie out for a 2020 release entirely, but who's to say.