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The actor was in hot water after saying the movie left him 'feeling dead inside' and 'I'd taken the film for business reasons'.
The story of a pair of two dreamers will be narrated against the backdrop of glamorous Los Angeles, with Damien Chazelle as a screenwriter and director.
The 'Insidious' star teases that he plays an important character in the Marvel movie, while the 'Whiplash' actor confirms Jamie Bell casting while discussing his own role in the Fox reboot.
Fox is expected to issue an official announcement soon after news broke out that the studio had made offers to the four actors to play the lead roles in the remake.
The candidates that include Saoirse Ronan, Kate Mara, and Madden's 'Game of Thrones' co-star Kit Harington are expected to do screen tests by the end of this month.
The casting is announced at a Sundance party by Emile Hirsch who will play the original 'SNL' member in the film.
The 'Spectacular Now' actor admits he does not know about it, but reveals he 'would love to be in' the reboot.
Josh Trank debunks the rumor on Twitter, writing, 'The casting rumor floating around today isn't true.... the end.'
Shailene takes on the role as Aimee Finicky, a lovable girl who captures hard-partying Sutter Keeley's heart, in James Ponsoldt's romantic movie.
The newcomer will now take the lead role of Ren, starring opposite female lead Julianne Hough and Dennis Quaid who will play an antagonist character.