Someone is letting Madonna direct another film, being that acting didn't really pan out how she would've wanted.
According to Variety, she's set to direct W.E., a biopic about the affair between King Edward VIII and Wallis Simpson that led to the Brit royal abdicating the throne to marry his divorcee lover.
She last directed the film Filth and Wisdom, which did some festivals in 2008 and is now available on DVD. If you were wondering where funding was coming from, I'd harbour a guess that she was doing so herself. Filth and Wisdom didn't exactly set the box office alight.