Arrival and Stranger Things producer Shawn Levy was speaking to website Screen Rant, and he dropped some major news about Warner Bros' next big blockbuster:
Sesame Street is at Warner Bros, and we are right now working on a treatment for what I think is going to be a really imaginative and entertaining take on that beloved and decades old global brand. The trick there is to honor these characters that are beloved but in a movie that feels entertaining for the kids who we might bring to the movie but humorous on that second level for those parents who bring their kids. It's early – we're still at the treatment stage, but very bullish on that.
Sources and past experience tell Bleeding Cool that Warners is looking for Sesame Street to be its next big tentpole film, setting up multiple spinoff franchises for characters like Big Bird, Elmo, and Oscar The Grouch. The studio will likely seek to follow the template of its superhero films, looking for a screenwriter like David Goyer who can produce a gritty, realistic take on these iconic characters.
The only question is whether Sesame Street will go for the expected G rating, or follow in the footsteps of recent films like Deadpool in going for a hard R, or at least releasing an R rated special edition Blu Ray like Batman v. Superman. As soon as we know more, we'll keep you updated.