Lady GaGa has been offered $4.8 million to star in a sequel to 'Zoolander'.

The 'Edge Of Glory' hitmaker has been approached by actor and producer Ben Stiller to play a love interest for former model rivals Derek Zoolander (Ben) and Hansel McDonald (Owen Wilson) in a follow-up to the cult comedy film.

A source told The Sun newspaper: ''Gaga is top of their wish list. She has the talent and attitude - and amazing sense of humour.''

Kate Moss, Kate Upton, Heidi Klum and Adriana Lima are also candidates but Owen, 43, revealed as far back as December 2010 that Gaga would be the ideal choice.

He said: ''Gaga has to be in it. The movie will happen soon. I just saw Ben and I think that people will be happy with some of this new stuff we have.''

Ben also opened up about the new plot recently, saying: ''It's 10 years later and most of it is set in Europe. I don't want to give away too much, but it's basically Derek and Hansel 10 years later.''

Filming is scheduled to star early next year.