Jake Gyllenhaal out from "Now you see me", Jesse Eisenberg still in

Jake Gyllenhaal having lunch with Rashida Jones at Cafe Gratitude in LA on 4th September 20011

Melanie Laurent Confirmed For ‘Now You See Me’; Jake Gyllenhaal Out, Jesse Eisenberg Stays In

"While the currently-filming sequel was given to other hands, Leterrier hasn’t been bowed, and his next film is shaping up to be his most promising to date by far. The French director is gearing up to direct “Now You See Me” a heist thriller about the face-off between an FBI team and a group of world-famous illusionists who pull heists during their act, and an impressive set of names were said to be circling the project, including Jesse Eisenberg, Jake Gyllenhaal, Philip Seymour Hoffman and Olivia Wilde. There’s good news and bad news today, with some of the previous names being locked in, while at least one has moved on to new pastures.

Melanie Laurent at the premiere of the new film "Beginners", held at the MK2 Bibliotheque in Paris.

Variety report that “Inglourious Basterds” star Melanie Laurent, last seen being typically luminous in Mike Mills’ wonderful “Beginners,” is in firm negotations to play the female lead in the film, which, after her terrific turn in Tarantino’s film, can only be a good thing. Laurent will join the increasingly, and deservingly, busy Eisenberg, who’s now locked in to the project, but the trade reports that Gyllenhaal has passed on the project. There’s no word on whether Hoffman and Wilde are still involved—neither have taken other projects recently, so it’s possible they’re still in talks.

Jesse Eisenberg, photoshoot by Martin Schoeller

Still, Eisenberg and Laurent alone would have our interest: both are relatively picky in their roles, which suggests that the script, by Boaz Yakin and Edward Ricourt, is strong. “Star Trek” writers Alex Kurtzman and Roberto Orci are producing and Summit will release the film.

Ben Stiller and Jesse Eisenberg attending the "30 Minutes or Less" World Premiere

There’s no exact word on when filming will start, but it’ll presumably come some time after Eisenberg wraps Woody Allen‘s currently-filming “Bop Decameron,” so perhaps we’ll see it in theaters in late 2012 or early 2013". Source: blogs.indiewire.com