Disney's unsuccessful attempt a few years back to ressurect the live-action
musical genre was a
movie called Newsies, about the
boys who sold
newspapers in turn-of-the-century
New York. After getting shafted by
Joseph Pulitzer and
William Randolph Hearst, they went on
strike.
Newsies is really underrated, in my considered opinion. Okay, so you won't find deep characterization and new insight into the human condition there, but you will find a Dickensian musical romp with very catchy tunes and mind-blowing choreography. Christian Bale is pretty good in it, too, and I recommend this film. Well, if you like musicals, I recommend it. Otherwise, don't bother.