She's set to direct "W.E.," a biopic about the affair between King Edward VIII and Wallis Simpson that led to the Brit royal abdicating from the throne to marry his divorcee lover.

Vera Farmiga ("Up in the Air") is eyeing the plum role of Simpson, who precipitated the most severe constitutional crisis in the English monarchy in the 20th century after Edward proposed to her, only months into his reign.

There is no word yet on who will play King Edward.

Madonna is writing the script with Alex Keshishian, who directed the multihyphenate in "Truth or Dare."

Former Miramax exec Colin Vaines and David Parfitt are producing the pic. CAA is handling domestica sales while IM Global has international.

This will which will be Madonna's second directorial effort; her first, "Filth and Wisdom," preemed at Berlin in 2008. Simpson led a colorful life, having been married twice before her romance with Edward. The two of them, who lived the rest of their lives as the Duke and Duchess of Windsor, spent the best part of three decades living a life of leisure as social celebrities around the world.

Source: Variety