Movie Musicals reports that according to anonymous sources, Tim Burton and actor Johnny Depp, who together have worked on five major motion pictures including 'Edward Scissorhands' and more recently 'Charlie & the Chocolate Factory,' will team once more for the upcoming movie musical adaptation of Stephen Sondheim's 'Sweeney Todd'.

Depp will portray title character Sweeney Todd - the demon barber or Fleet Street - who slits the throats of his innocent (and not-so-innocent) customers. As of last year, Sam Mendes ('Road to Perdition,' 'Jarhead') was rumored to be the frontrunner to direct, however he left the project shortly after 'Jarhead' opened.

It is unknown if Burton will opt to use the existing John Logan screenplay adaptation, or start from scratch. Therefore, a release date cannot be predicted at this time. An official announcement is expected in the coming weeks. 'Sweeney Todd' first opened on Broadway in 1979 and starred Len Cariou, Angela Lansbury, Victor Garber, and Ken Jennings.