The writer/director will reportedly adapt the Hollywood satire himself.

Casting details have yet to be announced, reports Deadline.com.

The Tony Award-winning play, about two Hollywood executives who place a bet on bedding a sexy secretary, debuted on Broadway in 1988, with Madonna starring alongside Joe Mantegna and Ron Silver.

It was most recently revived in London's West End, with Lindsay Lohan playing Karen, the role made famous by Madonna.

Other stars to have graced the stage in Speed-the-Plow productions include Alicia Silverstone, Kevin Spacey, Jeff Goldblum and William H. MACy, who was drafted in to replace Jeremy Piven following his exit from a 2009 Broadway run due to medical issues.