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According to Variety, Lee Daniels (Precious) is being lined up to direct the project, while the original theatre production creator Cameron Mackintosh will co-produce.
Miss Saigon, which is a reworking of classic opera Madame Butterfly, opened in the West End in 1989 and was also on Broadway for ten years.
Based before the fall of Saigon in 1975, Claude-Michel Schonberg and Alain Boublil's play told the tragic love story of a Vietnamese bar girl and an American soldier.
Shooting is expected to start in 2010, with a 2011 release date planned.
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