In addition to starring, the Golden Globes-nominated actor is set to serve as executive producer for the TV adaptation of Gary Shteyngart's novel of the same name.

AceShowbiz - Jake Gyllenhaal is heading to television. The "Brokeback Mountain" star has been tapped to star on HBO's "Lake Success", which is based on Gary Shteyngart's acclaimed novel of the same name.

"Gary's novel is a beautifully executed character study highlighting the depth of human contradiction and complication, set against the timely backdrop of America today," Gyllenhaal and Riva Marker said on Thursday, April 11 in a joint statement. "We are thrilled to partner with HBO, who has consistently been home to some of the most exciting and acclaimed premium content over the past two decades."

On the limited series, the "Love and Other Drugs" actor will be playing narcissistic, self-deluded and hilariously divorced from the real world hedge fund manager Barry Cohen. He flees his family, his past, and the SEC on a cross-country bus ride in search of his college girlfriend and a last chance at romantic redemption. Meanwhile, back in Manhattan, his brilliant wife Seema struggles to raise their autistic son and begins a tragicomic love affair of her own.

In addition to starring, Gyllenhaal will serve as executive producer alongside his Nine Stories banner topper Marker. Meanwhile, Shteyngart is attached as co-writer for the limited series, joining Tom Spezialy ("The Leftovers", "Watchmen", "Castle Rock"). Both Shteygart and Spezialy will also executive produce the project.

"Lake Success" will be Gyllenhaal's first foray into the realm of television following his lauded career on the big screen and on stage. Prior to this, her sister Maggie Gyllenhaal joined HBO to star on David Simon's "The Deuce" alongside James Franco. They will return for the third and final season of the series this year.

As for Gyllenhaal, he will next be seen in "Spider-Man: Far From Home" as Mysterio, marking his debut in Marvel Cinematic Universe. Gyllenhaal earned an Oscar nomination for best supporting actor for "Brokeback Mountain" and Golden Globe nominations for his performance in "Nightcrawler" and "Love and Other Drugs". He is also known for his roles in films such as "Donnie Darko", "Prisoners" and "Zodiac". Most recently, he starred in "Velvet Buzzsaw" and "The Sisters Brothers".

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