“Mrs. Doubtfire: The Musical”?

It could happen, now that 20th Century Fox has teamed with veteran Broadway producer Kevin McCollum (“Motown,” “Rent,”), film producer John Davis (“Predator”) and industry executive Tom McGrath to develop live stage productions based on the studio’s enormous library of films.

Fox, McCollum, Davis and McGrath will jointly develop a slate of “at least nine” musicals based upon the studio’s films over the next several years, according to a press release. The venture also aims to develop and produce stage properties based on Fox films that, following their theatrical runs, can return to the big screen in their new form.

“For years we have been eager to expand our entertainment expertise to the world of live stage, but we wanted to do it right and most importantly, with the right people,” said 20th Century Fox chairman Jim Gianopulos.

As The New York Times notes, Fox’s 4,500-title catalog includes potential properties ranging from “Moulin Rouge” to old Shirley Temple and Marilyn Monroe comedies.

Fox has been one of the last remaining studios without a Broadway division, and those units can be moneymakers: the domestic tour of “The Lion King” has netted more than $1 billion for Disney over the years, the company said this week.