Disney has officially announced the development of a stage musical adaptation of 'The Greatest Showman,' which will debut on Broadway. The announcement was made at the D23 convention and featured a live performance of the film's signature song, 'The Greatest Show.' While the original film, starring Hugh Jackman as P.T. Barnum, faced a lukewarm reception at its release, it later became a cultural sensation, grossing over $400 million worldwide and spawning a hit soundtrack. The new adaptation is part of a larger Disney theatrical initiative, which also includes a planned streaming of 'Frozen: The Musical' on Disney+ in 2025. This stage version marks the first adaptation of a 20th Century Fox film under Disney's ownership. The creative team behind the original film's music, Benj Pasek and Justin Paul, is still undisclosed for the stage adaptation.