Naomi Watts covers Harper’s Bazaar Australia May 2014

Posted Tuesday April 15, 2014 3:06 PM GMT

Her biopic "Diana" was a box office flop, and now Naomi Watts is ready to open up about playing the iconic princess.

In the May 2014 issue of Harper's Bazaar Australia magazine, the 45-year-old actress revealed the real reason why she took the role.

"I got seduced by the fantastic character," Miss Watts declared. "Diana did a lot of things that had positive and negative results. She was multifaceted. But ultimately there were problems [with the films] and it ended up taking a direction that was not the one I was hoping for."

"With risks there is every chance it's going to fail. If you have to go down with that sinking ship, so be it," she added.

Photo Credit James White for Harper’s Bazaar Australia

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