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View Full Version : Wow. Was this a bidding war?

santino2699
07-29-2005, 07:15 AM
200K against 400K for a spec from an unknown?
Does anyone have info on this? Sounds like a bidding war...

itle:******* Flight Risk
Log Line:* A young man is hired by a wealthy father to escort his unusually rebellious 11-year-old son across state lines to a school for troubled kids.
Writer:***** Kyle Long
Agent:***** David Kopple of The Gersh Agency and mngr. Alex Goldstone of Fuse Entertainment
Buyer:***** Walt Disney Pictures
Price:****** $200,000 against $400,000
Genre:***** Action Comedy
Logged:*** 7/29/05
More:****** Spec.* Offspring Entertainment's Adam Shankman and Jennifer Gibgot will produce.* Offspring's Matthew Mizel will co-produce.* Alex Goldstone and Mikkel Bondesen will executive produce.
English Dave
07-29-2005, 11:39 AM
Bidding war would be more like a mill against 1.5 ;)
santino2699
07-29-2005, 11:58 AM
really?

So, this is the norm for a spec out of the blue bought without competitive bids?

S
pooks
07-29-2005, 12:01 PM
There's really no such thing as a "norm" for s first sale/spec without competitive bids.

It could range anywhere from a free option to big bucks. The big bucks would raise a few eyebrows, but this one is a nice payday that most of us would love to have, but not outrageous.
vmf
07-31-2005, 08:54 AM
Sounds like "Young Scent of a Woman".
BROUGHCUT
07-31-2005, 01:37 PM
He had a script he co-wrote set up at Fox in 2001, then a few months later sold a spec for around $400K or so, "The Kick", (Weaver's first sale at Energy). So not entirely unknown.
santino2699
07-31-2005, 06:16 PM
broughcut,

Thanks. That explains it.
I'm sure it has happened before, but I didn't think that 200 against 400K was common for your first time on the map.

S
PoisonIvy
08-03-2005, 10:55 AM
No bidding war. It went wide and was bought 2 weeks later. Writer had a ton of credits and was well-known and liked by Disney. The script is a comedy about a troubled kid that has to be transported from point A to point B by an adult hired for that purose.
MYLESMONROE
08-03-2005, 01:19 PM
Script was brought one week after it went out. Warners and Fox were also interested. It's basically midnight run with a kid.
PoisonIvy
08-03-2005, 03:39 PM
yeah, but no one ever offered anything else... D's first offer was accepted.
Jeff Strayer
08-07-2005, 03:14 PM
Does this mean that if the script makes it through all the hoops and ladders that the total sale is $600K ($200 against $400) or $400K?