21 July 2014 2:29 PM, PDT | The Wrap | See recent The Wrap news »

Two-time Oscar nominee Naomi Watts is in negotiations to star opposite Jake Gyllenhaal in “Demolition,” which is slated to be the next film from “Dallas Buyers Club” director Jean-Marc Vallee, an individual familiar with the project has told TheWrap. Black Label Media is financing and producing the movie with Mr. Mudd, whose Lianne Halfon, John Malkovich and Russ Smith will produce with Black Label's Molly Smith, Thad Luckinbill and Trent Luckinbill. Right of Way's Jason Reitman and Helen Estabrook will executive produce with Nathan Ross, who is Vallee's producing partner and manager. Also read: Jake Gyllenhaal First Look as ‘Nightcrawler’ Surfaces in. »


- Jeff Sneider

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