Lady Gaga A Star is Born
Lady Gaga will star in the "A Star is Born Remake." Pictured: Lady Gaga attends the 'Manus x Machina: Fashion In An Age Of Technology' Costume Institute Gala at Metropolitan Museum of Art on May 2, 2016 in New York City. Getty Images/Dimitrios Kambouris

Lady Gaga will be a very busy lady. The singer-actress is currently shooting for the new “American Horror Story” season, but it looks like she won't get too long a break after that. The “Born This Way” singer is set to play the lead in the “A Star is Born” remake, according to Entertainment Weekly.

Gaga will star alongside Bradley Cooper, who will also direct the project. Apart from acting in the movie, the Golden Globe winner will also write and perform songs for the film. While the singer-actress' involvement has already been confirmed, it has not been revealed which character she would play.

A statement confirming the project and Gaga's involvement was obtained by Deadline. It reads: “For those of us lucky enough to watch him work as an actor and producer, it has been clear that Bradley would make this transition to director. We are honored that he is doing it, here, at his home – Warner Bros. – and with Lady gaga and collaborator and co-star. The world is in for a treat as these great artists craft an all new vision of 'A Star is Born.'”

A release date has not been determined.

Prior to the confirmation, there have been speculations that Gaga was being eyed for the role. Rumors started swirling when she and Cooper were spotted having dinner in May. The two met again in July, according to Page Six, and Gaga officially auditioned for a role in the film. Cooper reportedly personally directed Gaga's audition and sent the tape to executives at Warner Bros. for approval.

Before talks with Gaga started, there have been speculations that Beyonce was approached to star in the project, which was first slated to be directed by Clint Eastwood. Rumors say Beyonce's asking price was too high, but Cooper shot down the rumors in Dec. 2015.

“A Star is Born” tells the stories of two Hollywood stars. One rises to fame while the other descends to oblivion.