The film will be written by Master of Sex's Steven Levenson, while La La Land's Marc Platt will produce the project.

Hairspray's Marc Shaiman and Scott Wittman will write the music for the movie.

The 2013 book centred on musicals that were made to be shown to employees at corporation events.

Ferrell and Wiig last teamed up in 2015 to make A Deadly Adoption.