Fran Drescher Says The Nanny Musical Is 'Moving Forward at a Really Good Pace' with Rachel Bloom

Drescher revealed in early 2020 that a musical based on the 1993 television series of the same title would be heading to Broadway

Fran Drescher is gearing up for The Nanny to make its Broadway debut.

While celebrating the launch of her new N is for Nanny book, Drescher, 64, opened up to PEOPLE about her new musical and where they're at in the development process.

"The Nanny the musical is moving forward at a really good pace," she says. "Rachel Bloom is doing the lyrics. Peter [Marc Jacobson] and I are doing the book. We're having our first official read at the end of July."

"I can't imagine it opening before at least two years, but it's very exciting," she adds.

The Nanny musical is inspired by the 1993 series of the same name, which was created by Drescher and ran for six seasons on CBS. The stage production will follow a girl from Flushing, Queens, who becomes the nanny to a Broadway producer's three children.

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