The show, "James Bond: The Musical", will include music and lyrics from Jay Henry Weisz, while Dave Clarke has written the story, reported Digital Spy.
The musical will have an original plot, including several Bond villains, along with some new ones.
While production and casting details have not yet been announced, the show will apparently debut in late 2017 or early 2018 in Las Vegas.
The next Bond movie, "Spectre" starring Daniel Craig, is scheduled to release on November 6.
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