Theatrical production company Global Creatures has announced that Baz Luhrmann's film Moulin Rouge! will come to the stage as a new musical with a book by Tony winner John Logan (Red). Broadway's Alex Timbers (Rocky) has been tapped to direct.

Developmental work on the show is reportedly underway. A production timeline and opening venue will be announced at a later date.

Moulin Rouge! tells the story of a young poet and writer, Christian, who falls in love with the star of the Moulin Rouge, cabaret actress and courtesan Satine, using the musical setting of the Montmartre Quarter of Paris.

"I first encountered Alex Timbers through the remarkable and inventive production of Bloody Bloody Andrew Jackson and the brilliance of Here Lies Love," said Baz Luhrmann, the film's director, producer, and cowriter, in a statement. "I immediately recognized the young director's creative spirit and felt we shared similar sensibilities and instincts. So I'm tremendously happy to celebrate that Moulin Rouge! will be under his direction and that the book will be the creation of the gifted Tony Award-winning playwright John Logan, whose writing I also admire deeply."

Released by Twentieth Century Fox, Baz Luhrmann's Moulin Rouge! premiered at the 2001 Cannes Film Festival. At the 74th Academy Awards, the film was nominated for eight Oscars, including Best Picture, and it won two.