Alert the princess! The Streep sings! From the Hollywood Reporter:
"Meryl Streep will star in Universal Pictures and Playtone's adaptation of the popular ABBA musical Mamma Mia! Theater director Phyllida Lloyd is in negotiations to make her feature directorial debut on the pic, which is being produced by Playtone and Littlestar. The part marks the first musical for Streep, who has showed off her pipes in such movies as A Prairie Home Companion, Postcards From the Edge and Death Becomes Her. Tom Hanks, and Rita Wilson are executive producing along with ABBA members and songwriters Benny Andersson and Bjorn Ulvaeus."
Do I want to see it? I do I do I do I do I do...
ETA: She's also doing a comedy called First Man, as the first woman prez, with De Niro as her husband. And she's still supposed to play Martha Mitchell at some point.
ETA2: apparently she TURNED DOWN the lead in Tim Burton's film of Sweeney Todd in order to do Mamma Mia! Nothing against ABBA, but that's seriously strange taste in projects, Meryl.