Adapted from the 1988 movie starring Shirley MacLaine, which Drabinsky also produced, the musical will be presented by the Canadian-based entertainment company StageVentures.
The Post reports that Drabinsky has approached Richard Maltby, Jr., with whom he previously collaborated on Fosse — the 1999 revue of Bob Fosse dances — to adapt the movie for the stage.
Drabinsky's parole follows three years of serving time for fraud and forgery in connection with the collapse of his theatrical empire Livent. He was the subject of "Show Stopper," Barry Avrich's documentary about his career.
Formed by Bernard Abrams, Stage Ventures has invested in Dr. Seuss' How the Grinch Stole Christmas, Dirty Rotten Scoundrels, Bonnie & Clyde and Wonderland.