Quvenzhane Wallis to Star in "Annie" Remake Imeh Akpanudosen/Getty Images Quvenzhane Wallis didn't take home the Oscar for Best Actress but she did score her next big role. Hours before she attended the Oscars Sunday, the 9-year-old "Beasts of the Southern Wild" star had reason to celebrate when Sony Pictures Entertainment announced that Quvenzhane has been cast in the title role of a new film adaptation of "Annie." "Quvenzhane Wallis is a true star and we believe her portrayal as Annie will make her a true worldwide star," the president of production for the studio said in a statement. She is an extraordinary young talent with an amazing range, not only as an actress but as a singer and dancer, and we can't wait for audiences to further discover her. RELATED: Youngest Oscar Nominee Quvenzhane Wallis Charms "GMA" Quvenzhane made history this awards season by becoming the Oscars" youngest-ever actress nominee. "Annie" will be produced by Will Smith, his wife Jada Pinkett Smith and rapper Jay-Z. It will hit theaters during the 2014 holiday season. RELATED: Oscars 2013: Best Moments From the Academy Awards