Is the David Bowie movie musical Labyrinth getting the Broadway treatment?

Labyrinth

According to a Forbes interview with Brian Henson, chairman of the Jim Henson Company and son of Jim Henson, the late director of the much-loved 1986 movie "Labyrinth", a stage musical is currently in development. After discussing a potential movie sequel, Henson commented: "We are working on a theatrical adaptation of the original movie for the stage. Those are the two areas of excitement for the Labyrinth property that we have. We are working on both of those but I certainly don’t have a timeline for them."

On the final destination for the project, Henson added: "Not necessarily Broadway; it could be for London's West End, but it will be a stage show, a big theatrical version. It's very exciting."

Labyrinth famously starred David Bowie as the Goblin King and Jennifer Connelly as Sarah, a teenager who unknowingly summons the goblins to kidnap her baby stepbrother, leading to her fantastical adventure through a treachorous labyrinth in order to rescue him from the Goblin King. The score includes such Bowie hits as "Underground," "Magic Dance," and "As the World Falls Down".