DreamWorks picks up 'Underage'
EmptyDreamWorks-based Montecito is checking IDs for "Underage," a broad comedy spec script by Scott Neustadter and Michael Weber.
The story centers on a 17-year-old girl who seduces a twentysomething guy and proceeds to blackmail him into being her boyfriend in order to exact revenge on her ex.
In another example of the spec market heating up, the script went out Tuesday morning and attracted strong interest from several buyers. Montecito pre-emptively took it off the table by nightfall, dipping into its discretionary fund to pay $500,000 against $900,000.
Montecito's Ivan Reitman, Tom Pollock and Joe Medjuck are producing. Montecito execs Jeff Clifford and Ali Bell are overseeing.
The deal shows that activity on the DreamWorks lot is picking up. The studio picked up the action thriller "C.O.D." over the weekend.
Neustadter and Weber wrote "Pink Panther 2," which is slated for a winter 2009 release, and are in preproduction on "500 Days of Summer," their anti-romantic comedy being directed by Marc Webb at Fox Searchlight. The duo is repped by CAA, Kaplan/Perrone and attorney Sean Marks.