Universal has now locked in its first new cast member to join its highly successful 'Fifty Shades of Grey' franchise, with production set to start this spring.

Kim Basinger is set to play the key role of Elena Lincoln, Christian Grey’s Business partner and former lover in E.L James’ “Fifty Shades Darker,” sources tell Variety.

Dakota Johnson and Jamie Dornan are returning to reprise their roles of Anastasia Steele and Grey, respectively, with James Foley taking over directing reigns.

Luke Grimes, Eloise Mumford and Max Martini are also returning to the cast, with Dana Brunetti and Michael De Luca producing along with James and Marcus Viscidi, g. Niall Leonard and James are penning the script.

Source: Press Release