Barbra Streisand - to star in Gypsy remake, to perform at Grammys

Barbra Streisand will be performing at the Grammy Awards this weekend. She also confirmed that she is starring in the film remake of Gypsy playing Mama Rose.
From Billboard:
Another legend is going to be appearing at this Sunday's Grammy awards - this time, it's Barbra Streisand.Streisand is a nominee for best traditional pop vocal album for "Love Is The Answer," and she'll be performing on the live telecast. She'll be introduced by another music legend, her co-star in "A Star Is Born," Kris Kristofferson.
From the L.A. Times:
But last month, news broke that she would be starring in a new version of the Styne-Stephen Sondheim 1959 Broadway classic "Gypsy," playing the ultimate stage mother, Mama Rose.Rosalind Russell had the role in the 1962 film version; Bette Midler played it in the 1993 CBS-TV adaptation.
The news leaked "a little early, because the deal wasn't finished," Streisand said. "I am not sure about directing it. It may just be too much. I know I will be playing the part. It's like a bookend starting with 'Funny Girl.'