Jack Nicholson, who hasn’t appeared in a feature film since 2010, will star opposite Kristen Wiig in the English-language remake of “Toni Erdmann.” 
 
 Sources tell Variety Paramount Pictures has acquired remake rights to the Oscar-nominated film with Nicholson and Wiig attached to star. 
 
 Paramount had no comment. 
 
 Adam McKay, who recently directed “The Big Short” for the studio, will produce along with Wiig, Will Ferrell and Jessica Elbaum of Gloria Sanchez Productions. Maren Ade, writer and director of the original “Toni Erdmann,” will exec produce the remake along with producers Jonas Dornbach and Janine Jackowski. 
 
 Paramount is still looking to attach a director and writer. 
 
 The original “Toni Erdmann,” starring Sandra Huller and Peter Simonischek, followed a practical joking father who tries to reconnect with his hard working daughter by creating an outrageous alter ego and posing as her CEO’s life coach. The German pic is nominated for best foreign feature at the Academy Awards on Feb. 26 and was also nominated for Best Foreign film at the Golden Globes in January. 
 
 Sony Pictures Classics acquired U.S. rights to the project last May following its debut at the Cannes Film Festival. It’s currently playing in limited release domestically. 
 
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 “Toni Erdmann” is nominated for best foreign-language film at the 2017 Oscars. Sony Classics Pictures 
 
 Sources tell Variety that Nicholson, who turns 80 this year, was a huge fan of the original and approached Paramount’s Brad Grey with the idea and Grey immediately worked with the team at Paramount to secure the rights. 
 
 “Toni Erdmann” marks Nicholson’s first film since playing a role in the James L. Brooks dramedy “How do You Know,” which many in Hollywood thought could have been the actor’s last major film. He also starred in the 2007 film “The Bucket List” opposite Morgan Freeman. 
 
 The three-time Oscar-winner has been courted for a few films in recent years, including the Branch Rickey role in “42” as well as Robert Downey Jr.’s father in “The Judge,” but passed on both. 
 
 Wiig, who recently starred in the “Ghostbusters” reboot at Sony, can next be seen in Alexander Payne’s “Downsizing” opposite Matt Damon. She is repped by UTA. 
 
 Correction: An earlier version of this story reported that “Toni Erdmann” won the Golden Globe for foreign film in 2017. It was nominated for the award, “Elle” was the winner. ||||| He’ll still sit court side at Los Angeles Lakers’ games, but Hollywood legend Jack Nicholson has quietly retired from the movie business, RadarOnline.com has exclusively learned. 
 
 The 76-year-old icon has no plans to appear in films again after a career spanning five decades. 
 
 “Jack has — without fanfare — retired,” a well-placed Hollywood film insider confirmed to Radar. 
 
 “There is a simple reason behind his decision — it’s memory loss. Quite frankly, at 76, Jack has memory issues and can no longer remember the lines being asked of him. 
 
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 “His memory isn’t what it used to be.” 
 
 The three-time Academy Award winner has not worked since How Do You Know in 2010 starring Reese Witherspoon, Paul Rudd and Owen Wilson. 
 
 Tellingly, producers for the forthcoming film Nebraska had wanted him to play the key role of an aging, booze-addled father who makes the trip from Montana to Nebraska with his estranged son in order to claim a million dollar Mega Sweepstakes Marketing prize. 
 
 The role ultimately went to Bruce Dern, after Nicholson advised the filmmakers that he was not interested, the source said. 
 
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 Nicholson began his Hollywood career in the 1950s, first working as a gofer for animation legends William Hanna and Joseph Barbera at the MGM cartoon studio. He left soon after to pursue his dream to star on screen. 
 
 The New Jersey-native made his film debut in a low-budget teen drama The Cry Baby Killer, in 1958, playing the title role. 
 
 He’s best remembered for his Academy Award winning roles as Best Actor for One Flew Over the Cuckoo’s Nest and for As Good as It Gets. He also won the Academy Award for Best Supporting Actor for the 1983 film Terms of Endearment. 
 
 Nicholson has been nominated for a record-setting 12 Oscars, eight for Best Actor and four for Best Supporting Actor, making him the most nominated male actor in Academy Awards history. 
 
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 “Jack has no intention of retiring from the limelight,” said the source, who noted his regular appearances on the Hollywood party circuit, court side at his beloved Lakers and his co-presentation of the Academy Award for Best Picture with First Lady Michelle Obama, earlier this year. 
 
 “He’s not retiring from public life, at all. He just doesn’t want a tribute,” added the insider. “He’s happy to tacitly join the retirees club like Sean Connery.”
– Jack Nicholson, whose last film was 2010's How Do You Know, is back: Sources tell Variety that he and Kristen Wiig will star in a remake of German flick Toni Erdmann. The original, which debuted at Cannes last year, was nominated for the best foreign film awards at this year's Golden Globes and upcoming Oscars. It's about a prankster dad who tries to reconnect with a workaholic daughter by pretending to be her CEO's life coach, and Nicholson was said to be a big fan—it was reportedly the 80-year-old's idea to make an English-language version. Variety's sources say Paramount Pictures has acquired the remake rights, but Paramount has not officially commented. (Click for 20 pictures of a young Nicholson.)