EXCLUSIVE: In the first major sale of the year, Universal has pre-emptively purchased the short story package Long Lost that comes with an attachment by Steven Spielberg, who’s aboard as a producer through his U-based Amblin banner.
The 50-page short story was written by Colin Bannon, who will write the script. His deal is in the low 7-figures range for story and to write the script, said sources.
Pic will be produced by Spielberg’s Amblin Partners , Simon Kinberg and Audrey Chon for Genre Pictures and Scott Glassgold and his Ground Control Entertainment.
As a screenwriter, Bannon has landed scripts on the Black List a record seven times, and he has sold the specs Ultra to Tri-Star Pictures and First Ascent to Netflix.
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