MGM is resurrecting its 1983 teen comedy Valley Girl, but this time as a musical, perhaps on the heels of the this weekend’s success of Mamma Mia!, another big screen musical based on pop music.

Project originators say that the “classic Romeo and Juliet story of the original Valley Girl with a re-imagination of classic '80's songs" will be a sure-fire hit.

Sean Bailey (Gone Baby Gone, Project Greenlight, Matchstick Men) will produce. He is currently working on The Unlimited, a pilot for ABC Studios, as well as a couple of films called Sabatical and Hexum for Buena Vista.