The team received unprecedented seven-figure offers April 9 from Disney, Paramount, Warner Bros’ New Line, Sony Pictures, Fox and Universal. The title and subject matter were not revealed, but DH reported that the idea for the musical comedy was hatched by Gad (a Tony nominee for The Book of Mormon, and the voice of the snowman in "Frozen") along with Garelick, the team behind the recent film comedy "The Wedding Ringer."
It was a big day for Gad, whose TV series, "The Comedians" with Billy Crystal, debuted that night on FX.
Multiple Oscar and Tony winner Menken (Beauty and the Beast, Newsies, Little Mermaid, Sister Act, et al) would write the music. Schwartz (Wicked, Godspell, Pippin) would write just the lyrics, though he is also a composer. Menken and Schwartz collaborated on the score for the Disney film "Pocahontas," and Schwartz, working alone, won an Oscar for "The Prince of Egypt."