Stuart Snyder is also now attached as the co-producer.
Sprecher told Playbill.com, "This is an entirely new script, in a completely reimagined form. The creative team is still in formation which will include a designer for the special effects."
The veteran producer added, "This is a play about 'faith' and one priest’s journey to finding his faith again in order to save a little girl. We are committed to giving the audience an evening in the theatre they will never forget when they were given the opportunity to see this iconic work live on stage."
Although no production dates have been announced for the new version of the classic horror tale, Sprecher said, "The ultimate goal for any project I am involved with is Broadway and the West End. We also control this play worldwide as we believe that given the iconic nature and fame of the underlying rights, this play will find an audience in every major capital in the world."