Oscar nominee Quvenzhané Wallis ("Beasts of the Southern Wild") will star as the iconic big-hearted orphan adopted by a new incarnation of Oliver "Daddy" Warbucks named Benjamin Stacks (Jamie Foxx) in this contemporary update of the classic Musical and Comic Strip.
Bullock would play Miss Hannigan, the mean lady who runs the orphanage where Annie lives.
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.
At one time Will and Jada's daughter Willow was considered for the lead.
A Christmas 2014 release is planned
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