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O-M-G....if it's based on the Broadway musical....

http://www.aintitcool.com/node/67556

Bill Condon (note: Dreamgirls, Gods and Monsters {Oscar}, The Big C) will bring BEAUTY AND THE BEAST back to life for Disney, with a live action, big-budget movie musical.

UPDATE: Kris Tapley over at Hitfix, has a few new details on this. According to his sources, this project will be a "straight-forward, live-action, large-budget movie musical". He also added that Condon won't only be drawing from Disney's animated film, but also from the Broadway musical that ran from 1994 through 2007 (and grossed over a billion dollars). Condon will be using most of the Alan Menken/Tim Rice/Howard Ashman songs that were included in the play and this was a big part of his pitch to the studio. This makes me really happy and makes Condon an excellent choice for this project.

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