According to reports, Keira Knightley has been roped in to play Eliza Doolittle, the role played by Audrey Hepburn while Daniel Day-Lewis has been described as the perfect candidate for Rex Harrison's role as the pig-headed professor, Henry Higgins.
The film's producers Sir Cameron Mackintosh and Duncan Kenworthy [Notting Hill, Love Actually and Four Weddings and a Funeral] are looking at either Steven Spielberg, Martin Scorsese or Roger Mitchell [of Notting Hill fame] to direct the remake.
In the picture: Keira in a still from Atonement.