First up, Jon Favreau is confirmed to be in negotiations to direct the film version of the Award-winning Broadway musical "Jersey Boys".
The musical written by Marshall Brickman and Rick Elice chronicles the pop group Frankie Valli And The Four Seasons and their journey to fame. The group sold 175 million records worldwide before any of the members turned 30.
The show has pulled in over $1 billion in ticket sales worldwide, and this film will use much of the same music from the stage show.
John Logan is writing the film adaptation
Graham King and Tim Headington are producing the pic.
Meanwhile Stephen Daldry ("The Hours," "The Reader") is wanted to direct the film version of "Wicked", the musical which serves as a "Wizard of Oz" prequel.
The likes of J.J. Abrams, James Mangold, Ryan Murphy, and Rob Marshall were on the list to take the job.
Musical producer Marc Platt, book writer Winnie Holzman, and songwriter Stephen Schwartz are involved in the film.
The musical itself has pulled in grosses of $2 billion worldwide, in line with Mamma Mia!whose film adaptation went on to make an additional $600 million worldwide.
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