Well, I may have taken a few artistic liberties with the exact conversation, but the end result is the same. According to the report, Sean Bailey will produce the film through his Idealogy Inc. banner. The project will feature '80s songs and is "based on an idea by Bailey and Idealogy's Matt Smith, who will exec produce." The plan is to keep the original film's story, which was based loosely (very loosely) on Romeo and Juliet.

It's sort of an interesting turn for Bailey, who produced the dark and gritty Gone Baby Gone is at work on the horror thriller, In Dark Woods. Can he pull off a light and fluffy musical about teens in the '80s? Maybe, maybe not. The main thing that concerns me is the potential to reinsert some of Valspeak's catchiest phrases back into mainstream vocabulary.

That could be, like, totally grody.