MEGAN FOX and LINDSAY LOHAN are fighting over that ELIZABETH TAYLOR Lifetime TV biopic role now. Are acting jobs so few and far between for these two chicks they have to aggressively compete for a made-for-TV project?

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Earlier, producers of Lifetime Network announced that Lindsay was up to play the role of late screen legend and icon, Elizabeth Taylor in “Elizabeth & Richard: A Love Story.” Turns out the network’s  seeking free press for the biopic because Megan Fox has been lined up to play Liz, too…

Tsk-tsk.

“I’ve been talking to Lindsay Lohan directly, and with her reps, and have been in conversations with other actresses, including Megan Fox,”

Larry Thompson, executive producer of Lifetime’s “Liz and Dick,” told E!News in an exclusive interview.

“It’s a very serious selection,”

he said.

“It’s like casting for Hollywood royalty.”

Huh. Royalty, indeed.

Lindsay remains one of the frontrunners for the role, but she’s still under “probation” with the court, and that presents the complication of shuttling back and forth from L.A. for progress reports with her judge-in-charge, to Canada, where filming where start in the spring.

The only remaining option for Lifetime Network producers is to hold a seance to ask the original Liz which actress she’d prefer to play her.

Photos By PR Photos

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