02/24/2013 02:28 pm ET Updated Feb 24, 2013

Quvenzhané Wallis As Annie: Oscar-Nominated Actress Cast In Upcoming Film

Sony has found its Annie.

Quvenzhané Wallis, the nine-year-old Oscar-nominated actress, has been cast in the upcoming "Annie" reboot, Sony announced on Sunday.

“With the recent Academy Award nomination and critical acclaim, Quvenzhané Wallis is a true star and we believe her portrayal as Annie will make her a true worldwide star," Hannah Minghella, president of production for Columbia, said in a statement. "She is an extraordinary young talent with an amazing range, not only as an actress but as a singer and dancer, and we can’t wait for audiences to further discover her.”

"Annie," which is set for a 2014 release, will be directed by Will Gluck ("Friends With Benefits").

Wallis is nominated for an Academy Award for Best Actress for her portrayal of Hushpuppy in "Beasts of the Southern Wild." She is the youngest nominee in history for the honor.

Oscar Nominees 2013