The 'Lost in Translation' is the hot favourite to take the lead role in 'The
Island' director Michael Bay's film about the late princess' life.
A film insider said: "The buzzwords about the film are tasteful and
non-sensational. Michael thinks Scarlett would be the perfect choice to play
Diana as she is a very versatile actress."
Meanwhile, Scarlett is getting ready to release her debut album, 'Anywhere I
Lay My Head'.

Only one of the tracks is an original composition, written by Tom Waits,
while the other 10 are Scarlett's interpretations of some of Tom's most
famous songs.
The 23-year-old actress will release the 11 track LP through Atco Records on
May 20.
Scarlett - who recorded the LP in five weeks last spring at Louisiana's
Dockside Studios - is no stranger to the music industry.

She appeared in the music video for Justin Timberlake's single 'What Goes
Around... Comes Around' in 2006, and sang backing vocals for the Jesus and
Mary Chain at the Coachella Valley Music and Arts Festival in April 2007.
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