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If the deal goes through, the film will reunite Robbie with Hollywood star Brad Pitt after they worked together in Quentin Tarantino”s 2019 feature “Once Upon a Time in Hollywood”.
Stone, who won an Oscar for best actress for Chazelle”s 2016 movie “La La Land”, left the new project over scheduling issues, according to The Hollywood Reporter.
Chazelle has penned the screenplay and is attached to direct the movie, which hails from Paramount Pictures.
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Robbie is in talks to play the role of Clara Bow, the early sex symbol and box office star of the movie industry.
Pitt will play a fictional silent film star who fails to make the transition to the new technology. The part is rumoured to be based on real-life figure John Gilbert.
Marc Platt, who produced “La La Land”, is one of the producers on “Babylon” along with Olivia Hamilton, Matthew Plouffe and Tobey Maguire.