The three-time Oscar nominee
is in negotiations to direct the remake of A Star Is Born
and, according to Deadline
, is looking to cast Beyonce -- who's acted in Dreamgirls
(2006) and Austin Powers in Goldmember
(2002) -- in the lead role. The trade website clarifies that the Queen B hasn't "been re-approached formally" after she had to drop out of the project -- then to be directed by Clint Eastwood -- when she became pregnant with her daughter Blue Ivy.