Update (March 26/2010)
Emma Thompson, who's writing the screenplay for this updated version of 'My Fair Lady' has said that Carey Mulligan is 'set to play' the role of Eliza Doolittle. Thompson also indicated that she'd love to see Hugh Grant take on the role of Henry Higgins but no word on whether Hugh is interested in doing so...
>>read more about Mulligan being cast
>great article with more details about film
Update (Nov.01/09): Keira is no longer attached to the project, instead Carey Mulligan, Gemma Arterton and Emily Blunt are names that have been mentioned as possibilities. IMDb even has Mulligan listed as 'rumored' to play Ms. Doolittle but I wonder if there's any insider information or if it's just speculation at this point.
Update (Sept.12/10): Wright is not directing and that it will instead by directed by John Madden (Shakespeare in Love, Mrs. Brown, Captain Corelli's Mandolin).
"Elizabeth Swann", "Elizabeth Bennett" and now "Eliza Doolittle" will be taken on by Keira Knightley. (Wonder if she'll ever take on the role of Queen Elizabeth?) We already heard that Knightley was rumoured to take on the lead role in "My Fair Lady" and it now appears to be more official. Daniel Craig's name has been mentioned for Higgins...(Joe Wright who directed Kiera in P&P was mentioned as director but he has stated that he's not part of this production)
It seems that this proposed film is stirring a lot of opinions since many feel that you can't remake a classic like this. Others are quick to offer suggestions for who they'd like to see fill the shoes of Higgins and Eliza. Although it appears that Keira has been cast, some have suggested Claire Danes would be a worthy candidate having performed on Broadway in Pygmalion.
Someone on IMDb suggested Mr.Darcy take on the role of Higgins. My first reaction was "not a bad idea"...wouldn't it be ironic to have Colin Firth play opposite Keira?? Bring together the 1995 Darcy with the 2005 Elizabeth? However, the Darcy alluded to was in fact Matthew Macfadyen, an idea that I personally think would be too weird.
What will make this movie remake different? Since Cameron Mackintosh is on board, how different is the musical from the 1964 film? (Official site for My Fair Lady the Musical)
Read Emma Boswood's post in "The Telegraph" ...
Unfortunately coming soon: 'My Fair Lady' starring Keira Knightley… and Zac Efron?