As previously reported, Bob Martin, a Tony Award winner for the book of The Drowsy Chaperone, has teamed up with Tony-winning Urinetown writers Mark Hollmann and Greg Kotis to adapt the film for Broadway.
The reading, according to the New York daily, featured Tony winner Shuler Hensley and Mandy Gonzalez as, respectively, the mob boss and Billie. John Rando, who won the 2002 Tony Award for Best Direction of a Musical, directed. The collaboration was first announced in May 2014.
"The Sting," written by David S. Ward and directed by George Roy Hill, took home seven 1974 Academy Awards for Best Picture, Best Director, Best Writing, Best Art Direction, Best Costume Design, Best Film Editing and Best Music.
A timeline for the new musical has not been announced.