Keira Knightley is in talks for the updated remake of My Fair Lady in the works at Columbia Pictures, according to Variety.

Though the studio has reportedly declined comment on any casting, the trade paper reports that the actress is in negotiations for the starring role as Eliza Doolittle, the simple Cockney flower girl who is able to transform into a proper lady under the tutelage of Professor Henry Higgins.

Duncan Kenworthy (Love Actually, Notting Hill) is producing along with London theatrical producer Cameron Mackintosh. The project is being described as an update, though it will use the musical’s original score and retain its 1912 setting.

My Fair Lady was first staged in 1956 featuring Julie Andrews and Rex Harrison, and Audrey Hepburn starred with Harrison in 1964’s Oscar-winning George Cukor-helmed film.

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