UPDATE: Wes Anderson told HuffPost Entertainment that Depp is not in "The Grand Budapest Hotel." More information is available at our new story.

The original article (with one key strikeout) continues below.

What was rumored seven days ago is now fact: Deadline.com has confirmed that Johnny Depp will star in Wes Anderson's next film. The news was first reported by the film website Twitch.

Called "The Grand Budapest Hotel," Anderson's next will go into production soon. That's good news for Depp, who has a hole in his schedule following the delay of "The Thin Man" reboot he was set to star in for Warner Bros. The actor is currently finishing up "The Lone Ranger" for Disney, an action blockbuster directed by Gore Verbinski.

When Twitch first reported Depp's involvement with Anderson's next film, the site also mentioned a cavalcade of big names as potential co-stars, including Bill Murray, Owen Wilson, Jeff Goldblum, Adrien Brody, Edward Norton, Jude Law and Angela Lansbury. As yet, however, no other cast members are officially signed on.

Anderson wrote "The Grand Budapest Hotel" with one of his non-industry friends. As the director told Vulture earlier this year, the new project will be set in Europe.

Depp could certainly use Anderson's deft touch to get his critical mojo back. The actor has had a down 2012, with "Dark Shadows" bottoming out with critics and domestic audiences alike, and reports of budgetary strife on the set of the "Lone Ranger" taking up more column inches than anything about the project's narrative.

Meanwhile, back in June, Depp announced that he had split from his long time girlfriend, Vanessa Paradis, after 14 years together. The pair have two children.

For more, including which big name producer is involved in the project, head over to Deadline.com.

[via Deadline.com]

Related on HuffPost:

Loading Slideshow...
  • Bill Murray & 'Moonrise' Cast

    US actor Jason Schwartzman, US actor Bruce Willis, US director Wes Anderson, US actor Edward Norton, British actress Tilda Swinton and US actor Bill Murray pose during the photocall of 'Moonrise Kingdom' at the 65th Cannes film festival on May 16, 2012 in Cannes. (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray

    (VALERY HACHE/AFP/GettyImages)

  • Bill Murray

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray & Bruce Willis

    (VALERY HACHE/AFP/GettyImages)

  • Bill Murray & Bruce Willis

    (VALERY HACHE/AFP/GettyImages)

  • Bill Murray, Tilda Swinton & Ed Norton

    (VALERY HACHE/AFP/GettyImages)

  • Bill Murray & Tilda Swinton

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • US actor Bill Murray and British actress

    US actor Bill Murray and British actress Tilda Swinton pose during the photocall of 'Moonrise Kingdom' at the 65th Cannes film festival on May 16, 2012 in Cannes. AFP PHOTO / ALBERTO PIZZOLI (Photo credit should read ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray & Tilda Swinton

    (VALERY HACHE/AFP/GettyImages)

  • Bill Murray

    (VALERY HACHE/AFP/GettyImages)

  • Bill Murray

    (VALERY HACHE/AFP/GettyImages)

  • Bill Murray & Bruce Willis

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray & Bruce Willis

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • Bill Murray

    (ALBERTO PIZZOLI/AFP/GettyImages)

  • US director Wes Anderson (L), US actor B

    US director Wes Anderson (L), US actor Bruce Willis and US actor Bill Murray (R) arrive for the screening of 'Moonrise Kingdom' and the opening ceremony of the 65th Cannes film festival on May 16, 2012 in Cannes. AFP PHOTO / ANNE-CHRISTINE POUJOULAT (Photo credit should read ANNE-CHRISTINE POUJOULAT/AFP/GettyImages)

  • US actor Bill Murray arrives for the scr

    US actor Bill Murray arrives for the screening of 'Moonrise Kingdom' and the opening ceremony of the 65th Cannes film festival on May 16, 2012 in Cannes. AFP PHOTO / ALBERTO PIZZOLI (Photo credit should read ALBERTO PIZZOLI/AFP/GettyImages)