Baz Luhrmann (Photo credit: Kevin Mazur/Getty)

The 95th Academy Awards took place on March 12 in Los Angeles, and while nominees with major ties to Broadway did not walk away with wins, word of a new stage bio-musical was revealed. Baz Luhrmann — who wrote, directed and produced the film “Elvis,” which was an Oscar contender for Best Picture — shared that a Broadway-aimed stage adaptation about the King of Rock ’n’ Roll is in the works.

“We’re really into making that happen,” Luhrmann told Variety on the red carpet before Sunday’s awards show. “A bit like ‘Moulin Rouge!,’ there will be an Elvis stage musical; we’re getting into that right now.”

Luhrmann wrote and directed the 2001 film “Moulin Rouge!” which was adapted for the Main Stem, opening on July 25, 2019. The production won 10 Tony Awards, including Best Musical. Luhrmann served as a creative consultant for the story within the Broadway musical, which continues to run at the Al Hirschfeld Theatre.

In terms of Luhrmann’s involvement in the impending “Elvis” musical, he said, “I’m not sure I’ll direct it, but I’ll produce it.”

Luhrmann previously directed and produced the 2002 Main Stem revival of “La Bohème,” which ran for 228 performances at the Broadway Theatre.