It's been a long and winding road for this movie as it was first announced by Henson all the way back in 2005! Since then, news for it has been sparse throughout the years. Various writers have been attached to write the film and then left the project, and the distribution moved from The Weinstein Co in 2008 to a studio called New Regency (the makers of the Alvin and The Chipmunks films and Free Willy) in 2011. In 2015, it was announced that actor Joseph Gordon-Levitt would be attached to the movie as a star and producer. Since then, no new news has come out...until now. Earlier today, JGL Tweeted this tasty Tweet... So, it looks like this is still happening! And maybe, with the growing interest in puppetry, and the 80s nostalgia craze this may actually get off the ground really soon!