The Oscar winner would play Miss Hannigan, who was played by Carol Burnett in the 1982 film. Bullock reportedly initially passed on the role, but she is back to negotiating.
The movie will be directed by Easy A's Will Gluck and is being produced by Will Smith, Jada Pinkett-Smith and Jay-Z, among others. Quvenzhane Wallis will star as Annie, while Jamie Foxx is also attached to star as the Daddy Warbucks character, now named Benjamin Stacks.
Should Bullock join Annie?