According to Michael Riedel From The New York Post:
Streisand is deep in negotiations to direct, produce and star in a movie version of “Gypsy.”
92-year-old Broadway legend Arthur Laurents, who wrote the book to the show says:
“Barbra and I have been getting along very well now for some time,” Laurents told me yesterday. “We’ve talked about it a lot, and she knows what she’s doing. She has my approval.”
“Barbra and I have had long talks on this very subject,” Laurents acknowledged. “She had a mother who she always thought was Mama Rose. I don’t want to get into the details, but the point is she knows. She’s got it in her. She’s going to be much more than people expect.”
This is so exciting! Babs on the stage, I’m already saving money to pay for one ticket.