The role was originally made famous by Audrey Hepburn in the 1964 Academy Award winner for Best Picture. (As readers have reminded me, the 1964 version of My Fair Lady was a remake of the 1938 film Pygmalion, based on the play by George Bernard Shaw, itself inspired by the Greek myth of the same name).
Joe Wright is slated to helm the pic. He previously directed Keira Knightley to an Oscar nomination in 2005′s Pride and Prejudice.
The involvement of Knightley and Wright are yet to be confirmed, as is any production or release dates for the remake. We’ll keep you updated.
Discuss: My Fair Lady 2.0. Want it?