Labyrinth told of a teenager, played by Jennifer Connelly in one of her first roles, who has to navigate a fantastical maze in order to save her young brother, kidnapped by a goblin king (Bowie).

It was the last film directed by Henson, had a script by Monty Python member Terry Jones and was exec produced by George Lucas.

Despite the film’s current popularity, the movie was a box-office disappointment at the time of its release and led to Henson’s exit from film directing. It was only in the intervening years that the film gained a strong cult following.

It is unclear if the new take is a reimagining of the story or a sequel, as it is being kept deep in the vault.

Lisa Henson of The Henson Co. will produce the project, which will be overseen at TriStar by Nicole Brown.

Sony, TriStar’s parent, had no comment on the development.

Perlman is firmly planted in the fantasy and genre spheres. She started in Marvel Studios’ now-defunct writers program and made her mark with Galaxy. Last year she was tapped to co-write Captain Marvel, Marvel’s first female-led movie, with Inside Out scribe Meg LeFauve.

She is repped by CAA and Management 360.