“We tossed it.

It was a moment.”

“We were both for Supporting [Actress].”

Kathy Bates and Meryl Streep during The 75th Annual Academy Awards - Arrivals at The Kodak Theater in Hollywood, California, United States in 2003

Kathy Bates and Meryl Streep at the 2003 Oscars.Credit:SGranitz/WireImage (2)

“So we went to the bar.

It was a veryJoan Crawford,Bette Davismoment.”

“I said, ‘I’m having what she’s having.'”

Catherine Zeta-Jones, winner of Best Supporting Actress Oscar for “Chicago” in 2003

Catherine Zeta-Jones at the 2003 Oscars.J. Vespa/WireImage

Bates continued, “We tossed it.

It was a moment.

That we thought, ‘Oh, we’re so close.’

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Bates had one role in 1995 that she thought rivaled Streep’s transformations.

“I could never do it.

I could never attempt doing it.

And I’m envious of it.”

Listen to Bates’ full conversation with Ferguson above.