Magical Collaboration

Despite planning to retire from filmmaking director Steven Soderbergh and actor Channing Tatum will reteam on "Magic Mike", a comedy based on Tatum's real-life experiences as a stripper when he was 19 years old in Florida says The Hollywood Reporter.

Tatum is Magic Mike, an experienced stripper who schools a young dancer in the tricks of the trade. Soderbergh said in a statement that he's using "Saturday Night Fever as our model".

Tatum adds, "This was a wild and pivotal time in my life and I couldn't be more thrilled to go down the rabbit hole with Steven."

Tatum stars in the director's upcoming film Haywire

Reid Carolin pens the screenplay

Tatum, Nick Wechsler, Gregory Jacobs  and Carolin will produce the pic.

Soderbergh can work quickly on films; He can finsh Mike, the Liberace biopic with Michael Douglas and The Man from U.N.C.L.E. with George Clooney and still pretty much call it quits after that