Coming off of The Great Gatsby, filmmaker Baz Luhrmann has still not yet settled on his next project, and now he’s adding another highly intriguing possibility to the pile.  The Wrap reports that the Moulin Rouge! director is in talks to helm a biopic of The King himself, Elvis Presley, for Warner Bros., with Saving Mr. Banks scribe Kelly Marcel penning the screenplay for the untitled film.  Hit the jump for more on the project and Luhrmann’s upcoming slate.

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Image via Warner Bros.

Though we only recently heard that Luhrmann was in negotiations to helm a martial arts Western adaptation of the 1970s TV series Kung Fu for Legendary, The Wrap reports that he is also in discussions to direct an Elvis Presley biopic for Warner Bros.  Though the King of Rock and Roll is a rather different subject than the extravagant and theatrical focus of Luhrmann’s previous films, he has a passion for music and would almost certainly deliver a wholly unique take on the iconic artist’s life.

Saving Mr. Banks and Fifty Shades of Grey screenwriter Kelly Marcel is already hard at work on the screenplay for the untitled film, and Warner Bros. has secured rights to all musical components in Presley’s catalog specifically for the film, ensuring that the filmmaker wouldn't have to tip-toe around Presley's biggest hits.  Luhrmann has apparently been in discussions with Warner Bros. about the project for several weeks, and should he sign on, his Oscar-winning wife Catherine Martin would likely act as costume designer and possibly production designer as well.  She just won the Oscars for Costume Design and Production Design for The Great Gatsby.

This untitled Elvis biopic is one of several projects that Luhrmann is considering as his next film.  He’s in talks to direct the aforementioned Kung Fu, and has also been eyed to helm an HBO miniseries adaptation of Stanley Kubrick’s Napoleon script for producer Steven Spielberg.  All three of these possibilities are different than anything Luhrmann has tackled before, so it'll be interesting to see what he settles on as his next subject.