According to The Daily Express, Oscar executives hav been struggling to form a list of Best Actress nominees for next year’s ceremony, and Streep is rumoured to be the favorite to pick up her third Oscar for her potrayal of French culinary ace Julia Child in the comedy Julie & Julia.

“It’s only just dawning that there’s a distinct lack of potentials in the best actress category,” an Oscar insider blabbed to the publication on Sunday.

“It’s been a pretty lackluster year for movies in general but it seems that no one wrote any decent lead roles for women. There are many to choose from when it comes to supporting actresses but very few in the lead.”

“It looks like Meryl Streep may do it again as she has played the lead to acclaim in two films out this year,” the source added.

In this video from Monday night’s edition of The Tonight Show, iconic Hollywood actress Meryl Streep speaks about working with lions and playing culinary giant Julia Childs alongside Amy Adams in the new film Julie & Julia, opening Aug. 7.

The movie centers on Adams’ Julie Powell, a 30-year-old housewife from Queens, New York, who famously blogged her attempts to recreate all 524 recipes that appeared in Child’s Mastering the Art of French Cooking: Volume One in a single year.

Beyonce wants to star in a motion picture remake of Whoopi Goldberg’s 1992 comedy Sister Act.

Sister Act is currently lighting up Britain’s West End in the form of popular stage musical playing at the London Palladium. The show opens on Broadway in October 2010.

The “I Am….Sasha Fierce” star has been asked to step into the role of sexy lounge singer Deloris Van Cartier, on the run from gangsters and forced to disguise herself as a nun, Britain’s Daily Mail learned Thursday evening.

The Mother Superior part (Maggie Smith in the movie, Sheila Hancock in the musical) could go to Meryl Streep, who has form playing nuns, and can sing, the tabloid wrote this week.

Beyonce’s Sister Act could debut by 2011.

Silver screen legend Meryl Streep has agreed to make a guest appearance on alongside Alec Baldwin and Tina Fey on the hit NBC series 30 Rock.

According to the NY Daily News, Alec approached Streep at last Sunday night’s SAG winner and asked her to guest star on the award-winning show.

“Meryl was delighted with the idea of appearing on the show,” a SAG insider blabbed. “She said yes immediately.”

30 Rock won three awards at the 2009 SAG Awards, including Outstanding Actor Alec Baldwin, Outstanding Actress Tina Fey, and Outstanding Ensemble in a Comedy Series.

Mamma Mia! star Meryl Streep Live With Regis & Kelly-Video.

It appears Oscar-winning screen gem Meryl Streep may have another box office smash on her hands. While it’s unlikely Mamma Mia! will conquer the wrath of The Dark Knight when it hits the North American box office on Friday, the film adaptation of the Broadway musical has already the Number One movie in the U.K.

In this video clip, noted actress Meryl Streep chats about her role in the film adaptation of Broadway’s hit musical Mamma Mia! with The Today Show’s Ann Curry.