Baz Luhrmann set to direct a movie about the king of rock n' roll, Elvis Presley.
The Wrap reported that The Great Gatsby and Moulin Rouge filmmaker is in negotiations to make the as yet untitled biopic.
Fifty Shades Of Grey and Saving Mr Banks screenwriter Kelly Marcel could be set to pen the film.
Warner Bros, which will be making the movie, is said to have secured rights to all musical components in Elvis' catalogue.
Last month it was reported that the director was in talks to direct Kung Fu, a big-screen adaptation of the classic 1970s martial arts Western series.
Elvis hit the headlines earlier this year when a Channel 4 show, which attempted to sequence the DNA of historical figures, claimed to have discovered what could have caused the star's early death.
DNA analysis on a hair sample thought to have come from Elvis revealed that the Suspicious Minds singer could have suffered from a heart muscle disease.