The casting reunites Walken with producers Craig Zadan and Neil Meron, who also produced the film "Hairspray" featuring the actor.

Walken is a veteran to Broadway, a celebrated dancer, and has been Tony-nominated twice for his performances in James Joyce’s The Dead and A Behanding in Spokane.

"I can guarantee you that he's going to bring his own spin to Captain Hook," Greenblatt said at the Television Critics Association press tour.

"Based on James M. Barrie's revered book and musical, NBC's new take, which hails from Universal Television, comes after the network in 1955 staged a live broadcast of the Broadway production of Peter Pan that opened in 1954. The show, starring Tony winners Mary Martin and Cyril Richard drew 65 million viewers – the highest rating for a single night program at the time. NBC later broadcast the show live again in 1956 and 1960. It was also the first broadcast of a musical in color," according to Hollywood Reporter.

Read Playbill.com's article about "The Sound of Music" which aired this past December here. 

Read Playbill.com's article "Who Should Play Captain Hook" here.