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Tom Hanks' production company are at the helm

Green Day frontman Billie Joe Armstrong will star in the previously mooted screen version of the hit Broadway musical American Idiot.

Tom Hanks‘s Playtone Productions is currently developing the film version of the musical inspired by the 2004 Green Day album of the same name, with a view to having it in cinemas for 2013.

Armstrong will return to play the role of St. Jimmy in the film, whilst the stage show’s director Michael Mayer will stay in the director’s chair.

The film will be production company Playtone’s second musical, reports Hollywood Reporter, following the global smash Mamma Mia!, also based on a popular stage musical.

Mamma Mia! proved that if the musical is right, obviously it can go into the stratosphere, as far as box office gross. We’re always looking for musicals,” said Playtone’s Gary Goetzman.

“If we can do that, it’d be a genre that’s as respected as any produced by the studios. Maybe there will be three musicals a year, maybe five. I think that’s important otherwise we’d just have this tentpole mentality where if it’s not based on a comic book or cost $200 million, you’re stacked in like pillars. We need all these genres to be respected and we need the studios not to be afraid of them.”