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19 June 2012, 12:43 | Updated: 19 June 2012, 13:00
The Iron Man actress is reportedly helping the 'Love On Top' star in a new movie role.
Beyonce is apparently ready to make a return to acting and recruiting her close friend Gwyneth Paltrow to help assist with a new project.
The 'Crazy In Love' singer was last seen on the big screen back in 2009 alongside Ali Larter in Obsessed and Steven Spielberg may also be on board with the star returning to the film world.
"Gwyneth is arranging a meeting and also has ideas about a mini-movie for an upcoming music video," a source told The Sun.
The singer has already been linked with a project alongside the actress in a new musical comedy called One Hit Wonders which is said to also feature the likes of Reese Witherspoon and Cameron Diaz.
Beyonce recently made her return to the live scene following the birth of her and husband Jay-Z's first child Blue Ivy earlier this year.
You can view a picture of Beyonce and Gwyneth at the 53rd Annual Grammy Awards together below: (Picture: PA)
The Destiny's Child singer is good friends with both Gwyneth and her husband Chris Martin and was recently spotted with Jay at a Coldplay concert in Manchester rocking out to the band's hit 'Fix You'.
All four stars are also rumoured to be heading out on a holiday together this summer and Chris told Capital he would love to team up once again with the rapper on a song following their remix of 'Lost'.