But his fanboy giddiness sees him take on one of Marvel's most iconic villains in yet another comic book movie to fulfil the current fad.
The site also states that Zombieland's Ruben Fleischer will be directing.
When the symbiote reappeared in 1988, it affixed itself to disgraced journalist Eddie Brock, who blamed Spider-Man for all of his personal and professional woes.
Apparently, Hardy is a big fan of the character and even posed for a photo wearing a Venom T-shirt.
Venom was recently scheduled for release on October 5, 2018, and Sony also announced a fall start of production. The new Venom movie will take place in its own continuity, having no effect on the Marvel cinematic universe's version of Spider-Man.
Indeed, The Hollywood Reporter first broke on Friday that Hardy is entering final negotiations to star as Venom, and presumably his Eddie Brock alter-ego too. Still, the decision not to have Spider-Man involved is one that we can't quite get over. The disgraced man comes into contact with the alien Symbiote and they bond together to form the villain Venom while seeking revenge on Peter Parker.
Although the studio has been meeting with directors for some time, the actor selection process sped up after Hardy exited J.C. Chandor's action-thriller "Triple Frontier", and Sony saw an opportunity to court an in-demand talent.
With Spidey himself now in the hands of Disney's Marvel, Sony is looking to expand the Spider-Man #franchise into new territory.
The entire project has been put on fast-forward, with a projected release date of 5 Oct 2018, which would make it the tenth superhero movie to be released in that calendar year. Though he mainly is a villain for Spider-Man, seen in Sam Rami's 'Spider-Man 3', the character is known to also be an anti-hero.