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Katie Holmes is making her Broadway debut playing Ann Deever in the revival of Arthur Miller's All My Sons. (AP Images)

Tom Cruise has loosened his grip on Katie Holmes, it seems. Holmes is headed to New York to star in the revival of Arthur Miller's dramatic family saga, All My Sons.

Producer Eric Falkenstein told OK! he thinks Katie is a good fit.

"Katie is very well suited for the role of Ann," he says. "There is an additional layer of soul to Ann and from the work I've seen of Katie, she has always impressed with multi-faceted characters. She would nail it."

All My Sons will hit Broadway this Fall with a preview in September and open a month later in October. A formal announcement is expected to take place within the next 10 days. Is this a way forHolmes to emerge from beneath Tom Cruise's iron fist?

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