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The project centres on a girl from a small town who finds success in a Los Angeles burlesque club, says Variety.
Steven Antin will direct the movie from a script he wrote with Erin Brockovich's Susannah Grant.
"I couldn't be more excited, as this was a project written with her in mind," said Screen Gems president Clint Culpepper of Aguilera's involvement.
The pop singer previously lent her voice to the DreamWorks animation Shark Tale, though her role was uncredited.
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