Jerry Bruckheimer is producing the movie, which is to start shooting in July, the trade newspaper said.
Newcomer Arterton will soon be seen in the new James Bond movie "Quantum of Solace."
Gyllenhaal is best known for his roles in "Donnie Darko," "The Good Girl," "Jarhead," "Brokeback Mountain" and "Zodiac."
Gal Gadot cast as Wonder Woman for 'Batman vs. Superman'
Benedict Cumberbatch's dramatic reading of R. Kelly lyrics is just what you need