According to The Hollywood Reporter, the movie from MGM has a fresh screenplay by Amy Talkington. Producers Sean Bailey and Matt Smith of Idealogy are producing. It will mark Moore's feature-film directing debut. He was a Tony Award nominee for his direction of Avenue Q.

The original teen romantic comedy, "Valley Girl," directed by Martha Coolidge, starred Nicolas Cage as Randy, a Hollywood punker, and Deborah Foreman as Julie, a materialistic suburbanite from the San Fernando Valley area of Los Angeles. The junior prom figures heavily in the plot.

"Valley speak" soon became an internationally known way of communicating, with conversations spiked with phrases like "totally!," "omigod," "fer sure" and "grody to the max."

Reportedly, the new "Valley Girl" will have a "Romeo and Juliet"-style plot using a new wave soundtrack from the '80s.

Broadway's Moore has directed episodes of TV's "One Tree Hill," "Everwood" and "Brothers & Sisters."

MGM's reboot of "Fame" will be in movie theatres Sept. 25.