Although Victoria has made it clear she does not wish to perform on stage again, this time there are hopes she will agree to appear on screen.
The report added: “They have approached a screenwriter who is considering working on the project and making tentative steps forward.
“It is still in the early stages but they are talking to established names in the business, which proves they are taking a big screen comeback seriously.”
The previous movie included guest “acting” appearances from the likes of Richard E. Grant, Meat Loaf, Barry Humphries, Roger Moore, Alan Cumming, Hugh Lawrie and Stephen Fry.
It was also packed with cameos.