Will Ferrell signs on to the cast of the forthcoming Margot Robbie-starring feature Barbie

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Will Ferrell has joined the cast of the forthcoming romantic comedy movie Barbie.The news about the 54-year-old performer was confirmed on Monday, and The Hollywood Reporter noted that he is set to portray the CEO of a toy company.The project, which is based on the best-selling fashion doll line of the same name, has been in the works for several years and it is currently set to be released next year.

On the big screen: Will Ferrell has joined the cast of the forthcoming romantic comedy movie Barbie; he is seen in 2020The media outlet also reported that Ferrell's character may or may not be the CEO of toy company Mattel, who has manufactured the dolls ever since 1959.Numerous direct-to-television films based on the toys have been released over the years, with the first, entitledBarbie in the Nutcracker, making its debut in 2001.

Development on the live-action project began in 2014, when a film based on the toy line was greenlit.Diablo Cody was brought on to provide rewrites for an early screenplay, and Sony executives later tried out three different screenwriters.

Long time coming:The project, which is based on the best-selling fashion doll line of the same name, has been in the works for several years and it is currently set to be released next yearAmy Schumer previously signed on to portray the film's lead character, although she departed the project in 2017.Anne Hathaway and director Patty Jenkins were also attached to the feature at certain points.Margot Robbie was eventually brought in to lead the cast of the forthcoming film, in which she will portray the titular doll, in 2019.The Wolf of Wall Street actress has also been confirmed as one of the project's producers.