The Star Is Born filmmaker-actor has the offer to play the male lead in the Guillermo del Toro-directed remake, a role that was previously earmarked for Leonardo DiCaprio.
DiCaprio never had a closed deal for the project. It's unclear if Cooper's deal will close at this early stage.
Fox Searchlight, which made del Toro's best picture Oscar winner The Shape of Water, is behind the project.
Nightmare Alley will be based on the novel by William Lindsay Gresham, which was adapted into a Fox feature in 1947 that starred Tyrone Power ...