From WENN.com

The actress is eager to add another string to her bow by creating a theatrical extravaganza inspired by the band, which included Belinda Carlisle, Jane Wiedlin, Charlotte Caffey, Kathy Valentine, Gina Schock and Paula Jean Brown.

Paltrow is negotiating a deal to co-produce the show with Donovan Leitch and Rick Ferrari, according to The Hollywood Reporter.

It is thought Paltrow will take inspiration from successful band-based musicals such as Mamma Mia!, Jersey Boys and American Idiot and use The Go-Go's music throughout the production.

The Go-Go's were the first all-girl group who played their own instruments to have a string of hits in the charts.