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Barbra Streisand making Gypsy movie?

STX Entertainment is in advanced negotiations to remake musical “Gypsy”, with Barry Levinson directing and Barbra Streisand set to star.

Richard LaGravenese has been hired to pen the script, with Streisand involved in its development.

Streisand will also produce with Joel Silver and his Silver Pictures company.

“Gypsy” tells the story of  the burlesque legend Gypsy Rose Lee’s troubled childhood, growing up with a fiercely ambitious mother, whose mission it is to push her daughters up the vaudeville ladder. – via Variety

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