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Oscar Buzz: Meet the New Little Orphan Annie!

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Feb. 24 2013, Published 9:29 a.m. ET

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Can't get enough of adorable Quvenzhane Wallis from Beasts of the Southern Wild?

OK! News: Watch a livestream of the 2014 Oscars!

In an Oscar-day surprise, it was officially announced today that the 9-year-old actress is going to play Little Orphan Annie! "With the recent Academy Award nomination and critical acclaim, Quvenzhane Wallis is a true star and we believe her portrayal as Annie will make her a true worldwide star," president of production, Hannah Minghella said.

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Photos: See all the celebrities' Instagrams from the Oscars.

According to the LA Times, the movie will be out late next year, and it will be produced by none other than Will and Jada Pinkett Smith's Overbrook Entertainment.

Photos: Check out the red-carpet arrivals from the 2014 Oscars.

Will you go see Quvenzhane in Little Orphan Annie? Tell us in the comments or on Twitter @OKMagazine

WATCH A LIVE STREAM OF THE BIG SHOW AND THE RED CARPET HERE!

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