Variety reports that Carousel is among several stage and screen projects that Jackman and his partner at Seed Productions, John Palermo, are currently eyeing. Oscar nominee David Magee, who penned the screenplay for Alan Knee's "Finding Neverland," has adapted the timeless 1945 musical Carousel for contemporary audiences. Regarded as a priority project at Fox 2000, Jackman would star as the ill-fated Billy Bigelow with Hathaway on Jackman's "wish list" to portray Julie Jordan.

Jackman is also aiming to make a Broadway return in the title role of the new Danny Elfman musical Houdini, which previously announced a 2010 Broadway debut. Producers are reportedly seeking a rewrite on Kurt Andersen's book for Houdini, which has music by Elfman, lyrics by David Yazbek and direction by Tony winner Jack O'Brien.

Film projects for the Australian actor include a sequel to "X-Men Origins: Wolverine" as well as "Personal Security" and a screen adaptation of the James Sallis novel "Drive."

Jackman earned a Tony Award for his work in the Broadway musical The Boy From Oz. His stage credits include Oklahoma! at the National Theatre and award-winning work in productions of Sunset Boulevard and Beauty and the Beast in Australia. His numerous screen credits include "X-Men Origins: Wolverine," "Australia," "Scoop," "Someone Like You," "Swordfish," "Kate and Leopold," "Van Helsing," "The Prestige" and "The Fountain."