Streep's previous Oscar wins include the best supporting Oscar award for 'Kramer vs Kramer' in 1980, best actress award for 'Sophie's Choice' in 1983 and 'The Iron Lady' in 2012.
In the fantasy musical 'Into The Woods', Streep, 65, plays the role of a witch, who places a curse of a baker couple and sends them on a quest to find four key ingredients for a potion that she is making.
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