 Commercially , Streep fared better with a role in The Devil Wears Prada ( 2006 ) , a loose screen adaptation of Lauren Weisberger 's 2003 novel of the same name . Streep portrayed the powerful and demanding Miranda Priestly , fashion magazine editor ( and boss of a recent college graduate played by Anne Hathaway ) . Though the overall film received mixed reviews , her portrayal , of what Ebert calls the " poised and imperious Miranda " , drew rave reviews from critics and earned her many award nominations , including her record @-@ setting 14th Oscar bid , as well as another Golden Globe . Upon its commercial release , the film became Streep 's biggest commercial success yet , grossing more than US $ 326 @.@ 5 million worldwide . 
