"Chicago" Oscar winner Marshall previously confirmed to Playbill.com's Seth Rudetksy that Academy Award winner Meryl Streep will star as the Witch in the film adaptation. Read the original report in Rudetsky's April 15 Onstage and Backstage column here.

Disney did not respond to Playbill.com's April 26 request for confirmation of Depp or Streep's casting. Variety reports that Depp will portray the Baker, while the Hollywood Reporter states that he is in talks to portray the Wolf. 

A timeline for production on the film, which will be produced by Disney, has not been announced. Disney did not confirm casting.

Tony and Pulitzer Prize-winning Into the Woods book writer Lapine authored the screenplay based on his own book for the 1988 musical. During an October reading of the screenplay, Lapine had streamlined the musical into a two-hour treatment for the screen.

Composer-arranger David Krane (Road to Qatar), who penned the arrangements for Marshall's film adaptations of Chicago and Nine, is working on arrangements for the Into the Woods film adaptation. DeLuca also produced Marshall's screen adaptations of "Nine" and "Chicago."

Into the Woods features a Tony-winning score by Sondheim and Tony-winning book by Lapine, who also staged both Broadway productions of the musical. Into the Woods premiered on Broadway in 1987 at the Martin Beck Theatre starring Bernadette Peters, Chip Zien, Joanna Gleason, Kim Crosby and Robert Westenberg. The original cast performance was preserved by PBS' American Playhouse in 1991. A 2002 Broadway revival played the Broadhurst Theatre.