According to GaryOldman.info, Gary's people have heard back from WB...

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+ Breaking news: Gary's manager told me :"GARY OLDMAN IS NOW SET TO PLAY SIRIUS BLACK IN THE ORDER OF THE PHEONIX. A DEAL WAS CONCLUDED THIS MORNING."

Now, please take this with a grain of salt. I am trying to confirm this news in other avenues, but remember, they were also the ones that reported that there was no deal to begin with. I will update with information as soon as I have it.

UPDATE: Thanks to Jeff of HPANA, we have the following confirmation and interview:

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"I'm so relieved and happy," said Urbanski. "I can't put my mind in the place of the producers, but I would've thought that when they read the book, a call to us would've been very high on their list. Obviously, the character of Sirius Black is key." Urbanski said he was baffled by the months-long silence from Warner Bros. There were other jobs on offer to Oldman, and he was very close to taking one. "Since they had no option for Gary on this film, he was a free agent. Last week, we told them that Gary had another movie, and it was just a question of doing a deal," he said. Of the negotiations this morning with producer David Heyman, Urbanski said: "It was the most mature, simple and friendly negotiation that I've ever done." "It's a wonderful role. Gary read the script last night, and he read part of it to me on the phone this morning. The end of the story is: Gary's in it. It's a terrific script, and he's so happy to be back."

PS: HAPPY BIRTHDAY GARY!!!

Note: UPDATED WITH INFO FROM HPANA!