Lindsay Lohan Will Play Elizabeth Taylor

After a few months of will-she-or-won't-she debate as to whether Lindsay Lohan would actually appear in a made-for-TV biopic about Elizabeth Taylor, we finally have confirmation that she will officially take on the role of the Hollywood icon in the Lifetime movie "Liz and Dick."

According to the network's official announcement obtained by Deadline, the story will revolve around the torrid and headline-grabbing romance between the blue-eyed beauty and Hollywood leading man Richard Burton. The two megastars were the original Brangelina, and their tempestuous relationship was the most infamous celebrity love affair of its day.

"I have always admired and had enormous respect for Elizabeth Taylor," Lohan said in the statement. "She was not only an incredible actress but an amazing woman as well. I am very honored to have been asked to play this role."

This isn't the first time Lohan has portrayed a legend. She's done a few Hollywood pinup-inspired photo, including her Marilyn Monroe-esque photo shoot for Playboy, which garnered record sales when she graced the cover.

"We are thrilled Lindsay will portray beloved Hollywood legend Elizabeth Taylor," Rob Sharenow, executive vice president of programming for Lifetime Networks, said in a statement. "She is one of the rare actresses who possesses the talent, beauty and intrigue to capture the spirit of such a provocative icon."

Principal photography on the movie will begin in early June in Los Angeles.