Time Warp from Rocky Horror Picture Show

Fox announced Friday that it will produce a small-screen reimagining of the sci-fi satirical musical The Rocky Horror Picture Show.

August 14 will mark the 40th anniversary of the big-screen, gender-bending musical, which has amassed $139.9M at the box office.

The 1975 cross-dressing cult classic - starring Tim Curry, Susan Sarandon, and Barry Bostwick - endeared audiences with its campy humour, catchy songs, and 'don't dream it be it' message.

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Hot patootie bless my soul! Fox announced Friday that it will produce a small-screen reimagining of the sci-fi satirical musical The Rocky Horror Picture Show

Three-time Emmy winner Kenny Ortega will produce, direct, and choreograph the Fox musical event.

The 64-year-old choreographer is legendary for crafting the dances in Michael Jackson's This Is It, High School Musical, Dirty Dancing, and Xanadu.

Don't get strung out by the way I look: August 14 will mark the 40th anniversary of the big-screen, gender-bending musical, which has amassed 9.9M at the box office

Cult classic: The 1975 flick - starring Tim Curry (L), Susan Sarandon (2-L), and Barry Bostwick (2-R) - endeared audiences with its campy humour, catchy songs, and 'don't dream it be it' message

Touch-a, touch-a, touch-a, touch me: Original film producer Lou Adler (R) will oversee The Rocky Horror Picture Show Event, which won't air live like NBC's Peter Pan LIVE!

Around Halloween 2010, Fox aired a special Rocky Horror tribute Glee episode during the show's second season.

Two days after it aired, Glee's Lea Michele and Matthew Morrison joined Jack Nicholson onstage for an A-list benefit production at The Wiltern.

Rocky Horror has also inspired heartwarming parodies from The Drew Carey Show, That 70s Show, Vice Squad, Halloween II, The Perks of Being a Wallflower, and Fame.

I can make you a man: Three-time Emmy winner Kenny Ortega will produce, direct, and choreograph the Fox musical event

Updating the Transylvanian Time Warp: The 64-year-old choreographer is legendary for crafting the dances in This Is It, High School Musical, Dirty Dancing, and Xanadu

Rose tint my world: Around Halloween 2010, Fox aired a special Rocky Horror tribute Glee episode during the show's second season

All for charity: Two days after it aired, Glee's Lea Michele (M) and Matthew Morrison (L) joined Jack Nicholson (R) onstage for an A-list benefit production at The Wiltern

Good or bad, Fox's reboot will be missing at least one crucial element - fan participation.

Over 30 countries have staged Rocky Horror midnight screenings, which encourage fans to throw rice, toilet paper, and shout their commentaries during the movie.

Smoking section: Good or bad, Fox's reboot will be missing at least one crucial element - fan participation

Participation: Over 30 countries have staged Rocky Horror midnight screenings, which encourage fans to throw rice, toilet paper, and shout their commentaries during the movie (pictured 1987)