Los Angeles (July 11, 2013) __ 20th Century Fox has formed a joint venture with top Broadway producer and Tony Award® winner Kevin McCollum (Motown, Rent, Avenue Q, In the Heights), prolific film producer John Davis (Predator, The Firm, Grumpy Old Men, I Robot, Chronicle) and leading industry executive Tom McGrath, to develop live stage productions based upon the studio’s vast library of films.

“For years we have been eager to expand our entertainment expertise to the world of live stage, but we wanted to do it right and most importantly, with the right people,” said 20th Century Fox Chairman and CEO, Jim Gianopulos. “We have been fortunate to have found great partners in Kevin, John and Tom to help to transform great Fox properties into exciting live stage entertainment for audiences everywhere.”

Fox, McCollum, Davis and McGrath will jointly develop a slate of at least nine musicals based upon the studio’s films over the next several years. The venture also aims to develop and produce stage properties based on Fox films that, following their theatrical runs, can return to the big screen in their new form.

Day to day operations of the joint venture will be overseen by McCollum.

“The early development phase is both an exciting and vulnerable time in the life of a musical,” said Kevin McCollum. “This new joint venture provides a much needed foundation to the creative process for myself, my partners, and the artists who will develop these shows. We are eager to get to work mining the stage theatrical possibilities of the Fox film library.”

The partners will focus on shepherding new musicals based on Fox films through early creative development, reading, and workshop phases. The aim is for a number of the properties to move on to full productions after the development stage.

Said John Davis: “Fox has produced thousands of celebrated musicals and films throughout its illustrious cinematic history. As such, it represents a great opportunity to transition this immense library to stage productions. We could not be more excited about this venture and the team we have assembled.”

McCollum, Davis, and McGrath will continue to work on other projects while collaborating with Fox on this joint venture.

Additionally, Fox has engaged Isaac Robert Hurwitz as a consultant to help develop and guide its legitimate theatre activities, including the new joint venture. Hurwitz is the executive director and producer of The New York Musical Theatre Festival and recently received a Special Drama Desk Award for his contributions to New York’s musical theatre.