Hate to be the bearer of bad tidings, but today's Associated Press wire news in my home newspaper, The Baltimore Sun, says it IS true and that Disney thinks it will revive the Muppet brand to a new generation, with increased popularity the way, RockStar:INXS did.
But I think it sucks and that Jim Hensen is flipping in his grave.
Kermit will unleash his homo-erotic fantasies on Fozzie Bear just before Miss Piggy walks in on them... and joins... *twitch*
(it's how most reality shows end up)