Angelina Jolie and Catherine Zeta-Jones are the favourites to play Elizabeth Taylor in a biopic based on the iconic actor’s life.

The film will be based on Sam Kashner and Nancy Schoenberger's book "Furious Love: Elizabeth Taylor, Richard Burton, and the Marriage of the Century".

Ironically, both Jolie & Zeta-Jones are also attached to play Cleopatra in opposing films, a role which Taylor made famous.

Russell Crowe, Clive Owen and Colin Farrell are among the names being suggested to play Taylor's ex-husband, Richard Burton.

Mike Nichols is reportedly interested in directing the film.

Source: Ace Showbiz