New Regency has acquired the rights to Jim Henson’s Fraggle Rock with intentions of developing the property into a feature film. It will be produced by The Jim Henson Company and the Montecito Picture Company.
The series premiered on HBO in 1983, ran for five seasons and was broadcast in over 80 countries. It revolved around puppet characters Gobo, Wembley, Mokey, Boober and Red, who lived in Fraggle Rock. They interacted with humans who thought they were aliens.
It’s being reported that New Regency was seeking another family-friendly franchise after the success of the recent Alvin and the Chipmunks movies.