Get ready to see Michael Douglas as you’ve never seen him before. The 63-year-old husband of Oscar-winning actress Catherine Zeta-Jones is about to camp it up in a new biopic based on the life of Liberace.

The flamboyant Las Vegas pianist and television mainstay died of complications from AIDS in 1987.

Director Scott Soderbergh, who previously worked with Douglas in the 2001 film Traffic, will get behind the camera for the biopic.

“Michael sees Liberace as a potential Oscar-winning role,” a source close to the talks told Variety on Thursday.

Matt Damon, star of Soderbergh’s The Informant, has landed on deck for the role of Scott Thorson, Liberace’s lover who sued him for $113 million in palimony following a bitter split in 1982. Liberace denied he was gay until the day of his last breath.

In fact, in 1957, the classically-trained musician successfully sued Britain’s Daily Mirror for suggesting he was gay. Liberace was livid when veteran Mirror columnist Cassandra (Sir William Neil Connor) described him as “fruit-flavored.”

Liberace and Thorson settled the suit for $95,000 in 1986.