Kathie Lee Gifford

Forget about Peter Pan. Kathie Lee Gifford has written a Today show musical that will air live sometime this year.

Gifford announced the 18-minute musical, entitled Not Today andTomorrow's Not Looking Good Either, on the fourth hour of Today's Fridaybroadcast. Regis Philbin, who was filling in for Hoda Kotb on Friday, will guest-star in the production, along with Today's anchors and crew.

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"It's going to be live and it's going to be so much fun," Gifford said of the musical.

This isn't Gifford's first time writing a musical. Her last attempt, Scandalous, was critically panned and closed after three weeks.

Watch Gifford's announcement below. Will you watch Not Today and Tomorrow's Not Looking Good Either?

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