Jake Gyllenhaal has signed a first look production deal with Bold Films.

The actor previously worked with Bold as a producer on Nightcrawler, in which he played an aspiring L.A. crime video journalist.

“We are thrilled to be back in business with Jake. I truly enjoy our artistic collaboration,” said Bold Films chairman Michel Litvak. “His impeccable taste in projects and deep knowledge of how to make high quality films make him a formidable producer.”

Gyllenhaal will have the opportunity to acquire and develop new material thorugh the new deal. Riva Marker is set as production executive for Gyllenhaal’s new company.

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Following “Southpaw’s” strong performance at the box office, Jake Gyllenhaal looks to have his eye on another underdog tale, this time following the tragic events of the Boston Marathon bombing.

Sources tell Variety that Gyllenhaal is in early talks to star in Lionsgate’s “Stronger,” which tells the true story of Boston Marathon bombing survivor Jeff Bauman, who lost both legs in the attack. Sources say that after execs met with several A-list actors, Gyllenhaal is the favorite to land the role and that an offer is expected to come shortly.

Lionsgate had no comment.

David Gordon Green recently signed on to direct the pic. John Pollono has adapted the script for “Stronger,” which marks his full-length feature debut.

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The Toronto International Film Festival today announced that Jean Marc Vallée’s Demolition will open the 2015 Toronto International Film Festival. Starring Jake Gyllenhaal, Naomi Watts,Chris Cooper and Judah Lewis, Demolition will have its world premiere on September 10 at Roy Thomson Hall.

“Over the years the Festival has been proud to present Jean-Marc Vallée’s feature films including Black List, C.R.A.Z.Y., Café de Flore, The Young Victoria, Dallas Buyers Club and Wild,” said Piers Handling, Director and CEO of TIFF. “Vallée is a proud Canadian with a distinct and powerful filmmaking voice and we can’t wait to share his latest film with Festival audiences on Opening Night.”

“Vallée has a tradition of presenting strong characters who are on journeys to self-discovery and redemption, and is the only filmmaker in our history to present both an opening and a closing night film at the Festival,” said Cameron Bailey, Artistic Director, Toronto International Film Festival.

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Fox Searchlight has set an April 8 limited release for Demolition, Jean-Marc Vallée’s romantic drama starring Jake Gyllenhaal and Naomi Watts. The Southpaw actor stars as Davis, an investment banker trying to rebuild his life after his wife’s death. A complaint letter to a vending machine company leads to a series of emotional and increasingly personal missives that catch the eye of a customer service rep (Watts) with issues of her own. They bond and, with the help of her unusual son (newcomer Judah Lewis), Davis starts to rebuild. Oscar winner Chris Cooper co-stars as Davis’ pressuring father-in-law.

Written by Black List scribe Bryan Sipe, Demolition has sold out worldwide after launching sales at Toronto in September. It was produced by Wild and Dallas Buyer Club helmer Vallée, Sidney Kimmel, Black Label Media’s Molly Smith and Trent Luckinbill and Mr. Mudd’s Lianne Halfon and Russell Smith. Searchlight’s upcoming slate also includes Mistress America, He Named Me Malala and Brooklyn.

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The 72nd Venice Film Festival will open with Baltasar Kormakur’s survival thriller “Everest,” which chronicles a climbing expedition on Mount Everest that takes a dangerous turn and leaves the adventurers fighting for survival. The film is based on true events that took place in 1996.

“Everest” stars Jake Gyllenhaal, Jason Clarke, Josh Brolin, Sam Worthington, Keira Knightley, Emily Watson, John Hawkes, Robin Wright and Michael Kelly. It will premiere at the festival out of competition on September 2 at the Palazzo del Cinema. The festival runs from September 2-12.

The film will be distributed worldwide by Universal Pictures, starting exclusively with a release in IMAX 3D and premium-large format 3D theaters on September 18. “Everest” will launch nationwide on September 25.

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