Nicole Kidman is set to play screen siren and princess, Grace Kelly in new film Grace of Monaco.
The 44-year-old is in advanced negotiations to play the iconic new film in Oliver Dahan's planned £10 million production, according to industry bible Variety.
Grace of Monaco is set between December 1961 and November 1962 and shows Kelly living as a mother-of-two and wife to the monarch of Monaco. The film will show the former Oscar-winning actress six years into her role as Princess Grace and tackles the part she played in saving the principality from a bitter battle with France.
At the time French leader Charles de Gaulle gave her husband, Monaco's Prince Rainier III, six months to reform its tax laws, because of issues over its status as a tax haven.
The film is already drawing comparisons to 2011 hit movie The King's Speech, which focused on George VI's struggle to overcome a speech impediment against the backdrop of the abdication crisis.
Director Dahan made his name with Oscar-winning Edith Piaf biopic La Vie En Rose.
Acclaimed producer Pierre-Ange Le Pogam and screenwriter Arash Amel are also working on the film.
Grace Kelly as she appeared in 1956's High Society with Frank Sinatra
Variety said: 'Nearly every top actress in Hollywood has chased the demanding yet coveted role.'
Princess Grace was a screen icon in the 1950s, who won acclaim for her work with Alfred Hitchcock.
Her film hits included Dial M for Murder, To Catch a Thief and Rear Window, as well as High Society.
Famed as much for her glamour and beauty as her acting skills, in 1956 she married Rainier III, Prince of Monaco, with whom she had three children, Caroline, Stephanie and Albert.
She died aged 52 after suffering a stroke when she lost control of her car and crashed.
Her daughter, Princess Stéphanie, was in the car with her, but survived the accident.
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