Peggy Lee

The latest: Reese Witherspoon announced in August that she has secured Peggy Lee's life rights and music rights, and had tapped Nora Ephron would write and direct. Witherspoon would produce and, if her schedule allowed, star as the 1950s songstress. Witherspoon has since taken on two other acting-producing jobs.<br><br>
Prognosis: Witherspoon's announcement came out of the blue and was immediately greeted with skepticism - when would she have time to do this? There have been no follow-up reports since the initial announcement.

( Michael Ochs Archives/Getty Images )

The latest: Reese Witherspoon announced in August that she has secured Peggy Lee's life rights and music rights, and had tapped Nora Ephron would write and direct. Witherspoon would produce and, if her schedule allowed, star as the 1950s songstress. Witherspoon has since taken on two other acting-producing jobs.

Prognosis: Witherspoon's announcement came out of the blue and was immediately greeted with skepticism - when would she have time to do this? There have been no follow-up reports since the initial announcement.

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