According to E! News, the actor has signed a deal with the iconic label to be the face of the fragrance Chanel No. 5. Pitt was scheduled to film a commercial in London at some point this week, said E!, for a seven-figure paycheck. The spot won’t be released in the U.S., only abroad, circa late 2012.

Pitt’s rep did not immediately respond to THR’s request for comment.

Pitt, freshly engaged to Angelina Jolie, is expected to attend this month’s Cannes Film Festival with Jolie (who, according to THR sources, is assembling her wardrobe for the film festival.)

Pitt returns to the Croisette for the red-carpet rollout of his mobster drama Killing Them Softly, directed by Andrew Dominik, who worked with Pitt on The Assassination of Jesse James.

Brad Pitt has met with director Ridley Scott this week, the filmmaker who gave the now A-lister an early breakout role in his film Thelma & Louise 21 years ago, back when Pitt was just a pretty boy no-name.

The reason for their meeting? Ridley Scott is moving at breakneck speed to get casting locked for The Counselor, his next low-budget thriller based on acclaimed author Cormac McCarthy’s first original screenplay that had Hollywood buzzing when it first surfaced a few months back.

Twitch say Scott is offering Pitt a supporting role in the picture that Michael Fassbender will lead as a Southwest lawyer who gets involved in shenanigans way over his head in the drug trade. The word is we never learn the name of Fassbender’s character as he goes in search of one last big payday after he proposes to his girlfriend and gets himself involved in the wrong crowd who plan to take $20 million from Mexico into the U.S. to offload.

Pitt will play Westray, a no-gooder criminal who helps out with the trade which obviously, otherwise there wouldn’t be a movie, goes tits-up. The Playlist, who have read the script, call him an ‘enigmatic character’, which we have to say are the parts that usually attract Pitt.

The film has been described as a very ‘masculine’ work, occasionally diverting into McCarthy’s ‘sexual obsession’ in his books and ‘No Country For Old Men on steroids’. In other words, it sounds pretty damn spectacular.

Pitt first emerged as a candidate for the film a few weeks back along with A-listers Javier Bardem and Jeremy Renner but now looks close to being the one chosen, as long as his schedule lines-up.

This will be the second team-up of Pitt and Fassbender since they shot Inglourious Basterds together and from the looks of things they hit it off well. They will co-lead Hunger and Shame director Steve McQueen’s next movie Twelve Years A Slave when that films this summer but they could well share screen time again in The Counselor if all works out.

Shooting begins on The Counselor in May.

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Brad Pitt has been added to the roster of performers who will take part in the Los Angeles premiere of Dustin Lance Black’s 8, to be offered as a benefit reading at the Wilshire Ebell Theatre on March 3. Rob Reiner will direct — and appear in — the performance, which will benefit the American Foundation for Equal Rights.

The play, which received a reading on Broadway in September, has been crafted from the transcripts of the Proposition 8 trial over same-sex marriage in California. Among the characters in the piece are Theodore B. Olson and David Boies, the lawyers for the two gay couples who sued California over the ban; Charles J. Cooper, the lead defense counsel; Kristin M. Perry and Sandra B. Stier, a lesbian couple who were among the plaintiffs; and the judge, Vaughn R. Walker of the Federal District Court for the Northern District of California.

The cast will also feature, as previously reported, George Clooney as Boies, Jamie Lee Curtis as Stier, Christine Lahti as Perry, Jane Lynch as Maggie Gallagher, and Matthew Morrison as Paul Katami, John C. Reilly as United States District Chief Judge Vaughn R. Walker, Kevin Bacon as attorney Charles J. Cooper, and Chris Colfer as Ryan Kendall, who testified about his experience being sent by his parents to so-called “reparative therapy” as a teenager. The company will also include Matt Bomer, Campbell Brown, Jesse Tyler Ferguson, Cleve Jones, Rory O’Malley, Yeardley Smith, and George Takei.

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