Sony Pictures Entertainment has announced it has signed a five-year deal with Tony-winning Broadway producer Scott Sanders to adapt the studio's films for the stage.
First up in the studio's extensive catalog? The 1982 comedy "Tootsie," which starred Dustin Hoffman in drag.
As part of the deal, Sony has purchased a 20% equity stake in the 5-year-old Scott Sanders Theatrical Productions, multiple news outlets have reported. A dollar amount was not disclosed.