Hollywood siren Megan Fox is up against troubled actress Lindsay Lohan for the part of Elizabeth Taylor in a new TV movie.

Megan Fox and Lindsay Lohan

The 'Jonah Hex' star is in negotiation for the part in made-for-TV production 'Liz and Dick' for the Lifetime channel, the film's executive producer Larry Thompson has confirmed, Contactmusic reported.

"I've been talking to Lindsay Lohan directly, and with her reps, and have been in conversation with other actresses, including Megan Fox.

It's a very serious selection. It's like casting for Hollywood royalty," Thompson said. It is said that Lohan is particularly keen to win the role following a troublesome year.