The film is a remake of the 1947 pic of the same name which revolves around a timid man who ventures off on an escapade in search of missing jewels. Stiller will be starring in the titular role and will be joined by a powerful cast including Shirley MacLaine, Patton Oswalt, Kristen Wiig, Adam Scott, Kathryn Hahn and Josh Charles. Penn would certainly add to the star-power of the film, and although details are limited, it looks like he will be playing a supporting role as a photographer.
Penn, who won an Oscar for his portrayal of Harvey Milk in 2008’s “Milk” has most recently starred in last year’s “The Tree Of Life” and “This Must Be The Place”. He’ll next be starring in the the upcoming crime thriller “Gangster Squad”.
Samuel Goldwyn Jr and John Goldwyn are producing.
Penn is repped by CAA.