Variety is reporting that Disney is developing another High School Musical like movie called “Prom”. They are considering casting complete unknowns in the business. Again, similar to HSM, which shot the stars of that film into fame.

“Prom,” which is not expected to be a musical, had initially been put in development while Oren Aviv was still president of production at the studio and Sean Bailey was brought on board as a producer. The studio is still keen on the project, which has the potential to launch a new franchise, now that Bailey has replaced Aviv and inherited the project.

But Disney is considering several creative and financial directions before giving the pic a greenlight.

Early plans had “Prom” being produced for around $5 to $10 million and featuring fresh faces. The studio had been encouraged by “HSM’s” ability to launch new stars like Zac Efron, Vanessa Hudgens, Ashley Tisdale and Corbin Bleu, virtual unknowns at the time. The third installment earned $163 million at the worldwide box office in 2008, and was made for around $15 million. But Disney is keeping its budget and casting options for the nine lead roles open until it reads Wech’s script.

do you think Prom Replace Hsm ?