I've said this before and am saying it again, this sounds like it could actually work.
There are definitely some hurdles they'd have to work out if this is going to work, being black isn't one of them. I'd say the biggest is integrity, one I'm going to be focused on if this ever gets released. Believe it or not, there are ways to infuse a piece with varying styles and still keep its integrity intact. It all depends on which elements are adapted, the purpose, and what they have to offer to an established piece so many people know.
If it's merely going to be something done on the basis of "shaking things up," they will succeed and the simpleminded who consider that to be synonymous with greatness will be entertained by something called "Annie" for just a little bit longer.
Recreation of original John Cameron orchestration to "On My Own" by yours truly. Click player below to hear.