Goonies never say die, and it appears that goes for hope for a sequel to popular 1985 adventure film as well.

Moviehole is reporting from an unnamed – “if I revealed his name, you’d know straight away this was a solid bit of news” – source that Warner Brothers is definitely moving ahead with Goonies 2 and is looking to make it big-budget, tentpole event film. The site has reportedly confirmed the story with another anonymous source at the studio. Writers have already been hired by the studio. Though there’s no word on the plot for the sequel, “it’ll apparently involve some of the original cast.”

While I think it would be fun to drop in in the Goonies gang to see how time and adulthood has treated them – I’d like to think Mouth (Corey Feldman) and Stef (Martha Plimpton) wound up getting married, then divorced, then married again and then divorced again – Warner has been taking their sweet time in getting the project up and running. It has been in the pipeline at the studio as far back as 1998, when scripter Robert Orci reportedly worked on it. Now, if they’re taking time to make sure the script is absolutely right, then great. I just hope that the long development process does not result in a script that is a watered down series of compromises imposed by numerous executives and other “creative” types.

And perhaps this renewed talk of a sequel will stir up news on the proposed Broadway musical adaptation of the first film.

Entertainment Weekly is reporting that while director Richard Donner never really had a solid script for a sequel to his 1985 film The Goonies, he may be revisiting the story of a group of kids who go on an adventure to find fabled pirate gold to save their land developer-imperiled neighborhood in another form- as a musical! The magazine’s website is reporting that Donner states that there is an active attempt to mount an adaptation of the film onto the Broadway stage.

”Steven [Spielberg, the film’s producer] and I have discussed it, and it’s something that I’m fairly passionate about right now,” Entertainment Weekly quotes Donner.

But what are the chances of actually seeing this movie hit the boards? Better than average, I would say.

Sure, both Evil Dead: The Musical and The Wedding Singer have closed in the past few months, but Broadway producers haven’t given up on adapting movies for the stage. Currently a production of the 1980 disco movie musical Xanadu is rehearsals for a May opening while last month saw casting notices circulating for an adaptation of Mel Brooks’ comedy Young Frankenstein. As long as The Producers, The Color Purple and Monty Python’s Spamalot continue to rake in the cash, there will be financial backers willing to pony up cash to mount a stage adaptation of any film they think will draw an audience.

Besides, you know you want to see what kind of production number they turn the “Truffle Shuffle” into.