It's been talked about for months and months, but it looks like the Bernadette Peters London Gypsy is finally happening. A spokesperson for Peters told Playbill On-Line that the actress was in talks and the project was likely to go forward.

The New York Post reported (Oct. 25) that Sam Mendes would direct the Stephen Sondheim-Jule Styne-Arthur Laurents piece, citing Laurents as a source. Peters' rep was not able to confirm the information.

Gypsy has received several high profile revivals since it first bowed in 1959, with Ethel Merman as Mama Rose. Angela Lansbury played the part on Broadway in 1974, followed by Tyne Daly in 1990. Betty Buckley starred in a production at the Paper Mill Playhouse in 1998.

The Paper Mill production was once set to travel to Canada, but those planned died. Paper Mill had been discussing the move with the Mirvishes, the powerful Canadian producing family. If it had worked out, Gypsy would have opened in Toronto sometime in spring 1999. Reportedly, Gypsy librettist Laurents refused to release the rights to the musical. A spokesman for Buckley said at the time that he believed Laurents had plans to stage a different version of the show in London.

Peters recently ended a long run in Annie Get Your Gun on Broadway.