Beyonce also in negotiations to topline Warner Bros. reboot

Clint Eastwood’s in talks to direct a reboot of “A Star Is Born” for Warner Bros. with Beyonce Knowles in negotiations to topline.

Jon Peters, Bill Gerber and Basil Iwanyk are producing. Peters and Barbra Streisand produced the 1976 version of the tale of the promising young performer – portrayed by Streisand — who falls in love with an older fading star, played by Kris Kristofferson.

Will Fetters wrote the most recent script for the project, which has been in development at the studio for several years.

It’s likely that Eastwood and producing partner Ron Lorenz will come on as producers via their Malpaso banner on “A Star Is Born” once Eastwood’s directing deal is signed. The duo are producers on “Invictus,” “Hereafter” and the upcoming “J. Edgar.”

Knowles, the most successful female recording artist of the past decade, starred in “Dreamgirls” and portrayed Etta James in “Cadillac Records.”

No date’s been set for launching production of “A Star Is Born.” Eastwood’s in pre-production on “J. Edgar,” the biopic he’s directing about FBI director J. Edgar Hoover, starring Leonardo DiCaprio.

The original 1937 pic starred Janet Gaynor and Frederic March while the 1954 version starred Judy Garland and James Mason.

Gerber’s the former president of production for Warners and produced “Gran Torino” with Eastwood and Lorenz.

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