A new film surrounding the origin of famous comic book villain, the Joker, is in the early stages of production with the working title: "The Joker: The Clown of Crime". This means that Jared Leto, who became Joker in Suicide Squad and will be reprising the role in the upcoming sequel as well, will not be affected in any way.
According to Variety, though no permanent casting decision has been made, the Oscar-nominated actor is said to be the top choice for the '80s-set origin film. Currently, the team is awaiting Warner Bros.' official confirmation before commencing studio negotiation. This shouldn't be too surprising given the Joker's stature as one of the best villains of fiction (as well as a box office draw considering what he and Harley Quinn did for the otherwise toxically received Suicide Squad).
In addition to directing, Phillips will help write the script while film icon, Martin Scorsese, will serve as producer for the gritty film that will follow the character's life in Gotham City and his road to becoming the infamous supervillain. Phillips had allegedly met with Phoenix sometime in December to successfully convince the Inherent Vice actor to assume the role of The Joker. He was previously in the frame for the role of Lex Luthor in another DC movie, Batman v Superman: Dawn of Justice, which ultimately went to Jesse Eisenberg, and was in talks to play Marvel superhero Doctor Strange, who was played by Benedict Cumberbatch.
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This will be the first film under a new banner that has yet to be named in which WB can expand the canon of DC properties and create unique storylines with different actors playing the iconic characters.
Apparently, Wiseau believes that he is a worthy alternative if the deal with Phoenix falls through.
Phoenix now stars in the 2018 flick "Don't Worry, He Won't Get Far on Foot".