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Angelina Jolie to Direct Fifty Shades of Grey?

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Actress Angelina Jolie arrives at the 84th Annual Academy Awards held at the Hollywood & Highland Center on February 26, 2012 in Hollywood, California.

After chronicling an ill-fated, Bosnian-war era romance with her directorial debut, In The Land of Blood and Honey, it makes sense that Angelina Jolie would be looking to tackle some lighter material.

According to Deadline, the recently engaged actress, 37, is rumored to be in talks to direct the movie version of Fifty Shades of Grey, the bestselling erotic novel by E.L. James.

Related: PHOTOS: Angelina Jolie's teenage modeling shots

The Oscar winner has reportedly had "a conversation or two" about stepping up to direct Fifty Shades; Universal Pictures, which recently won a bidding war to bring the trilogy to life on the big screen, denies that they've met with the Tourist star, but also make it clear they would be interested if she were to approach them about the project.

A source close to Jolie denies these reports as well, and counters that the actress is "completely focused on her next film, Maleficent, and isn't entertaining other offers at this moment." (Jolie is currently filming Maleficent, about Sleeping Beauty's infamous villainess, in London right now.)

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On Thursday, reps for the actress also shot down the rumors to The Hollywood Reporter, telling the magazine Jolie has not had any talks with the studio.

Earlier this year, writer/director Jolie opened up during a Q&A with fans about questioning her ability to do the harrowing topics addressed in In The Land of Blood and Honey justice.

Related: PHOTOS: Angelina Jolie and Brad Pitt's humanitarian mission

At one point, "I had a complete emotional breakdown in the shower and Brad [Pitt] found me crying," Jolie confessed. "I didn't plan to become a director and I still have trouble saying I'm a director. I just wanted to tell this story and I ended up by default being the director."

Continued Jolie, "I felt this huge responsibility and I felt very small. I thought, 'Who am I to take this on?' . . . I had a complete meltdown."

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