Stephen Sondheim and Arthur Laurents are co-writers of the original 1959 musical.
Recently, Stephen Sondheim asked Arthur Laurents why he wanted the film project:
"He said, 'What is the point of it?' And I said, 'They have this terrible version with Rosalind Russell wearing those black and white shoes.' And then Stephen Sondheim told me something that he got from the British -- and it's wonderful. He said, 'You want a record because the theater is ephemeral. But that's wrong. The theater's greatest essence is that it is ephemeral. You don't need a record. The fact that it's ephemeral means you can have different productions, different Roses on into infinity.'
"So I don't want it now. I don't want a definitive record. I want it to stay alive.
"I think [Barbra Streisand] is disappointed. She wanted very much to do it. That would have been a good exit for her career. Tom Hooper [The King's Speech] wanted to direct it. I think he's wonderful."