The Broadway play Peter and the Starcatchers, based on Dave Barry and Ridley Pierson's bestselling children's book, is already a huge hit, having received nine Tony Award nominations earlier this month, and now Walt Disney Pictures (whose publishing division Hyperion released the original book) have hired writer Jesse Wigutow to adapt the book into a movie with likely franchise potential.

The book tells the backstory of the iconic Peter Pan character with Barry and Pierson already working on a series of books set in the same word.

Wigutow is fairly hot right now with his adaptation of Robert Ludlum's thriller The Osterman Weekend in development at Summit with director Brian Kirk ("Game of Thrones") and a reboot of The Crow at Relativity Media with F. Javier Gutierrez. He also wrote a biopic about late Hollywood movie star Steve McQueen.