A new Sesame Street movie is in the works, following Follow That Bird (1985) and The Adventures of Elmo in Grouchland. According to The Hollywood Reporter Fox bought the movie rights to the popular children's show while Shawn Levy will direct. Levy is perhaps best known for the Night at the Museum movies which should make him at least familiar with one citizen of the world's most famous street; none other than Oscar the Grouch made an appearance in the second Night.
Joey Mazzaro will be responsible for the script who has been a head writer of Sesame Street since season 40. (2009)
With a sequel to the The Muppets being developed, a Fraggle Rock movie in the works and now a Sesame Street movie announced it looks like the Muppet productions are getting bigger than ever.