February 9th, 2012
03:13 PM ET
Rumor had it that Jessica Chastain was being eyed to nab the part of Princess Diana in a biopic called "Caught in Flight," but the role has gone to Naomi Watts instead.
According to a statement, the "Fair Game" star will portray the late Princess of Wales during the last two years of her life. (Diana died following a high-speed car crash in 1997.)
"Caught in Flight," a statement says, "charts how finding true personal happiness for the first time allowed her to achieve her defining successes evolving into a major international campaigner and humanitarian."
The film will be directed by Oliver Hirschbiegel, who says in the statement that he's "delighted to have such a truly exceptional actress who embodies the warmth, humanity and empathy of such a global icon as Princess Diana."
Watts, 43, speaks on what "an honor" it is to have landed "an iconic role."
"Princess Diana was loved across the world," Watts said, "and I look forward to rising to the challenge of playing her on screen."
Production on "Caught in Flight" is scheduled to begin in the U.K. later this year.
About this blog
Our daily cheat-sheet for breaking celebrity news, Hollywood buzz and your pop-culture obsessions.