NBC just announced its next big live musical event: Peter Pan.

“We’re very pleased to be underway on Peter Pan as our next live holiday musical for the whole family,” said Robert Greenblatt, NBC Entertainment chairman said in a statement. “In the hopes that lightning strikes twice, we think we’ve landed on another great Broadway musical — which ironically also starred Mary Martin — that is a timeless classic for all audiences, young and old, who just never want to grow up.”

NBC reveal the decision at the Television Critics Association press tour in Pasadena on Sunday where Greenblatt told critics, “Get ready for flying children and some kind of state-of-the-art light technology for Tinkerbell.” For pulling off the flying, Greenblatt said, “You see the wires, it’s part of the charm of the show, we’ll do what we can to disguise them.”

Earlier this season NBC had a stunning success with its telecast of The Sound of Music Live. The three-hour musical delivered 18.6 million viewers and a 4.6 rating during its first airing, despite star Carrie Underwood drawing some fire for her performance. Producers Craig Zadan and Neil Meron, who produced The Sound of Music Live will executive produce Peter Pan, which will air Dec. 4.

NBC actually has a long history with Peter Pan. The original Peter Pan Broadway production opened in 1954 and featured songs such as “I’m Flying,” “I’ve Gotta Crow,” “I Won’t Grow Up,” and “Never Never Land.” It starred Martin as Peter and Cyril Richard as Captain Hook. The show aired as a live broadcast on NBC in 1955 to an incredible audience of 65 million viewers. According to NBC, that was the highest rating for a single night program at the time. NBC later re-aired the show live again in 1956 and 1960.

Who should play Peter, do you think? “I want Miley Cyrus,” Greenblatt joked (we think). The executive later hinted they’re more likely to cast a male lead even though the role has often been played by female actresses.

NBC broke a lot of news at TCA on Sunday, here’s what you might have missed:

NBC gives renewal odds on shows (Parks & Rec, Community, more)