Gwyneth Paltrow Plotting To Produce Musical Based On The Go-Go’s

Gwyneth Paltrow is reportedly working on a musical based on the 80s pop band The Go-Go’s, according to the folks at The Hollywood Reporter. The Iron Man star, who is also best friends with Hollywood A-lister Cameron Diaz, will produce the proposed project alongside Donovan Leitch and Rick Ferrari. No word when this production is expected to get off the ground.

If all goes according to Gwyneth’s master plan, the upcoming musical will chronicle the life and times of Belinda Carlisle, Jane Wiedlin, Charlotte Caffey, Kathy Valentine, Gina Schock, and Paula Jean Brown. Naturally, the musical would spend a great deal of time on the songs produced by the 80s group during their heyday. Reports indicate that several members of The Go-Go’s could participate in the project, which is rumored to include the penning of new material.

Gwyneth Paltrow also recently teamed up with fashion designer Nicole Richie to deliver a series of exclusive, limited edition offerings via the actress’ “GOOP Collection.” One such fashion-oriented product currently up for grabs is the so-called “Addison” handag, which People describes as “a classic snakeskin clutch in oxblood and teal with a jaguar closure on top.” This particular item will reportedly set you back around $225.

“Creating an exclusive piece for GOOP was a wonderful experience. The Addison clutch is a staple in [my] collection and we felt it would be the perfect piece to complement everyone’s wardrobe,” Richie explained.

In addition to her fashion line and the proposed Go-Go’s musical, Paltrow will appear in the forthcoming Marvel comics movie Iron Man 3, which finds the multihyphenate reprising her role as Tony Stark’s assistant, Pepper Potts. The film — which also stars Robert Downey Jr., Guy Pearce, Don Cheadle, William Sadler, and Ben Kingsley — is scheduled to hit theaters on May 3, 2013.

Would you pay to see a Go-Go’s musical produced by Gwyneth Paltrow?