Should the deal pushes through, Robbie would be replacing Oscar winner Emma Stone, who has decided to exit the project because of scheduling conflicts.
Babylon is described as an original drama set in period Hollywood, a “bold auteur piece with a significant budget.”
Lionsgate was previously in the lead to land the movie at auction until Paramount came through with the winning bid.
However, given the world’s current situation, it remains unclear if the pandemic has also affected the project’s planned release.