A stage version of the 1982 Dustin Hoffman film “Tootsie” is coming to Broadway.
The musical version of the Academy Award-winning movie is coming to the stage as part of a new, five-year agreement with Broadway producer Scott Sanders Theatrical Productions and Sony Pictures Entertainment, according to the New York Times. Scott Sander’s previous Broadway productions include “The Color Purple” and “Evita.”
Though no timeline has yet been announced for “Tootsie,” it will be the first production from the new agreement between the producer and the film company. Casting and creative team will be announced at a later date. It is unclear at this time how many other productions may be included in the five-year deal.
Sony has bought a 20 percent equity stake in Scott Sanders Theatrical Productions, and gives that company a “first-look advantage at the Sony Pictures film library,” according to the New York Times. No dollar amount of the stake was named.
“Sony Pictures has given the world some of the most exciting and compelling films in history,” said Sanders in a statement. “We’re thrilled to have the opportunity to work with such extraordinary source material, and to mine it for titles that make sense for theatrical adaptation. Our goal is to re-discover stories and characters which speak to the human experience and that audiences want to see again, but from a new perspective.”
Sony Pictures chairman and CEO, Michael Lynton, also spoke of his excitement about the partnership.
“Expanding our successful relationship with Scott Sanders was the natural next step that provides the studio with a talented Broadway partner to help bring our film and TV libraries to the stage, and further diversify the studio’s entertainment offerings,” Lynton said in the release.
Scott Sanders Theatrical Productions is led by private found and CEO Sanders, and works with original private equity partners Roy Furman, David Kraft, Robert Kraft and Jim Fantaci.