|My Fair Lady|
|Directed by||John Madden|
Based on the libretto by Alan Jay Lerner and a play by George Bernard Shaw
|Distributed by||Columbia Pictures|
My Fair Lady is a scheduled 2012 American musical film based on the stage musical of the same name. This is also the second screen adaptation of the musical; the first film was released in 1964. It tells the story of a Cockney flower girl's transformation into a high society lady. While it is referred to as an "update"  of the play, it still retains its 1912 setting. The film is intended to be shot on location in Covent Garden, Drury Lane, Tottenham Court Road, Wimpole Street, and the Ascot Racecourse, unlike the original 1964 Warner Bros. film which was filmed entirely on Hollywood soundstages. The filmmaker's aim in making this film is "to dramatize the emotional highs and lows of Doolittle as she undergoes the ultimate metamorphosis under the tutelage of Professor Henry Higgins." 
Digital Spy reported, "Danny Boyle is reportedly in talks with Sony Pictures to helm the Emma Thompson-scripted My Fair Lady remake. While, Keira Knightley was in negotiations last year to star as Eliza Doolittle in the new version, although the actress' involvement in the project has not been confirmed." In October 2009, it was announced Knightley had signed to star with Joe Wright set to direct, but Wright later stated during an interview on the red carpet at the London Film Festival he would not be involved with the project. On December 1, 2009, it was announced John Madden, an Academy Award-winner for Shakespeare In Love, had been signed to direct and would search for a leading lady and man following completion of The Debt. Although Knightley allegedly was still attached to the project earlier, she has not signed a formal agreement to play Eliza. In a news report dated March 25, 2010, Emma Thompson is reported to state that Carey Mulligan "is set" to play Eliza.
The film will be produced by Duncan Kenworthy and Cameron Mackintosh for CBS Films, which will distribute it through Columbia Pictures. Emma Thompson has completed a screenplay based on both the Alan Jay Lerner book for the original stage musical and the George Bernard Shaw play Pygmalion on which it was based.
Arrogant, irascible, misogynistic professor of phonetics Henry Higgins firmly believes it is one's manner of speaking that determines his prospects in society. He boasts to Colonel Hugh Pickering, himself an expert in phonetics, that he can teach Covent Garden flower seller Eliza Doolittle to speak so properly he will be able to pass her off as a duchess at an embassy ball. The film focuses on his efforts to transform the Cockney girl into a lady and the evolution of their feelings for each other throughout her training.