The Weinstein Company has found its writer on the Broadway musical adaptation and hired the director of Sundance hit The Spectacular Now.

TWC has owned film rights to Pippin for nearly 10 years. Dylan Sellers and Julie Oh will oversee for the company.

Pippin, about a young prince on a quest for meaning, originally opened on Broadway in 1972 and was directed by Bob Fosse with music by Steven Schwartz based on the book by Roger O Hirson. It was nominated for 11 Tony Awards in 1973, including best musical.

After a recent successful run at Boston’s American Repertory Theatre, the first Broadway revival of Pippin is currently playing on Broadway and was recently nominated for 10 Tony Awards.

“James has rightfully become one of the most buzzed-about young writer-directors in the business,” said Harvey Weintein [pictured]. “After flying to New York to catch a preview of Pippin recently, he met with us and exchanged his ideas on adapting the script for film. Smashed and The Sepectacular Now showed his talent for telling stories of self-discovery, and we’re confident he will have the same success rewriting this story.”

Ponsoldt is represented by Andrew Cannava at UTA.