Quvenzhané Wallis Is "Annie"

Oscar nominee Quvenzhané Wallis ("Beasts of the Southern Wild") was rumored last month, but now is confirmed to be starring in the remake of "Annie " says Screen Daily.

Wallis will star as the iconic big-hearted orphan in this contemporary update of the classic Musical and Comic Strip

Will Gluck will direct the project and is currently revising the screenplay by Emma Thompson and Aline Brosh McKenna.

James Lassiter, Jada Pinkett Smith, Will Smith, Jay Z, Jay Brown and Tyran 'Ty-Ty' Smith
will produce the film.

A late 2014 release is planned.

At one time Will and Jada's daughter Willow was considered