For people who aren't familiar with Wenders. He was huge back in the 80/90s. Very artistic movies, the ones that you either love or hate them. His best movie was Paris, Texas with Natasha Kinski and Buena Vista Social Club which is about Cuba and its music. He directed a U2 video, "Stay", when U2 were still relevant. After that he directed movies, documentaries etc, unfortunately he never achieved his previous success. When I read his name I was actually surprised, I haven't heard anything in years about his job. Really a strange choice for him.
He's actually working quite a lot in recent years again. He had a huge hit in his native Germany with Palermo Shooting. Then he had a big festival run with Pina (consequently an Oscar nod) and last year he was also nominated for an Oscar for his documentary The Salt of the Earth.
He gets mentioned in one breathe with Rainer Werner Fassbinder and Werner Herzog, and had the support of Francis Ford Coppola. So to call him a nobody is exaggerated and a lot of people in the industry would disagree. James and Alicia are surely happy to work with him especially since he's not doing many feature films anymore in recent years.
And his "Wings of Desire" was remade into "City of Angels" with Nicholas Cage and Meg Ryan. I preferred the Wenders original.
Which gave him a Best Director award in Cannes.