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OTRC: 'Monty Python' reunion, stage show confirmed

'Monty Python' stars Michael Palin, John Cleese, Terry Jones, Terry Gilliam and Eric Idle appear at a 40th 'Monty Python' celebration event and screening of the IFC documentary 'Monty Python: Almost The Truth' in New York on Oct. 15, 2009. (Dave Allocca / Startraksphoto.com)

It's time to laugh and smile and dance and sing! As anticipated, the five surviving original members of "Monty Python" are reuniting.

Terry Jones, 61, John Cleese, 74, Eric Idle, 70, Terry Gilliam, 72 and Michael Palin, 70 appeared at a press conference in London on Thurday, Nov. 21, to announce that they will be putting on one live show in the city on July 1, 2014 at the O2 Arena. This marks the biggest "Monty Python" project by the five members of the British comedy troupe and film and TV franchise in 30 years.

Idle is set to direct the production, which he called a "huge musical." He said the audience should expect "comedy, pathos, music and a tiny piece of ancient sex" as well as new material never performed live before, according to BBC News.

The outlet quoted Cleese as saying that popular sketches such as "The Dead Parrot" would also be featured. It was first featured in the series "Monty Python's Flying Circus," which aired between 1969 and 1974 in the United Kingdom.

Jones had said earlier this week that a "Monty Python" stage show was in the works. At that time, a Thursday press conference was announced. The event took place at the Playhouse Theater, home of the musical "Spamalot." Warwick Davis, who recently performed in the show and is best known for his title role in the 1988 fantasy film "Willow," introduced the five "Monty Python" members, BBC News reported.

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