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Is Jake Gyllenhaal The "Nightcrawler"

Dan Gilroy will make his directorial debut on the project, for which Sierra/Affinity will handle international sales at the upcoming Cannes Film Market.

Jake Gyllenhaal will star as a freelance L.A. crime reporter, in Nightcrawler, which will mark the directorial debut of screenwriter Dan Gilroy. Rene Russo is set to co-star in the movie.

Sierra/Affinity will handle international sales on the project at the upcoming Cannes Film Market, with WME Global and CAA representing North American rights. Filming will begin in late October.

Gilroy most recently co-wrote the screenplay for The Bourne Legacy with his brother Tony Gilroy. Tony Gilroy and Jennifer Fox, who collaborated on Michael Clayton, Duplicity and the Bourne series, will produce along with Gyllenhaal. Michel Litvak and David Lancaster also will produce as well as finance through their Bold Films banner. Gary Michael Walters will serve as executive producer.

The project will also include editor John Gilroy and cinematographer Robert Elswit, both longtime collaborators of Tony Gilroy and Fox.

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