New Line picked up screen rights to Rock of Ages, a stage musical that does with '80s rock anthems what Mamma Mia! did with Abba tunes, according to Variety.
Chris D'Arienzo, who wrote the book for the Off Broadway tuner, will write the screenplay and direct the film.
The storyline takes place at a Sunset Strip rock club called Rock of Ages, where a man and woman fall in love but get torn apart by the rock lifestyle.
The show is propelled by signature '80s rock anthems popularized by Journey, Twisted Sister, Joan Jett, Pat Benatar, Foreigner, Bon Jovi and REO Speedwagon.
Hollywood has marveled over the global success of Mamma Mia!, and several studios bid on the musical, which opened Off Broadway in mid-October and is running strong.
The film will be produced by the musical's creative producers, Matthew Weaver and Scott Prisand of Corner Store Entertainment, and Carl Levin. Joining them in the feature effort is Tobey Maguire and his Maguire Entertainment. Janet Billig, Hillary Weaver and Maguire Entertainment's Dan Shafer will be exec producers.
No production date has been set.