Spec script sales might not be the sure-fire way to screenwriting fame and fortune like they were a decade ago (well, maybe not sure-fire – more like a lottery ticket), but Hollywood is still buying spec scripts from writers if the stories are intriguing and have potential. Occasionally, there’s even a good, old-fashioned bidding war. Such is the case with the script for Glimmer.
DreamWorks beat out Paramount for the rights to develop Carter Blanchard’s found-footage screenplay – a script many are describing as “Amblin-esque.” Given that Amblin is Steven Spielberg’s production company and he’s one of the founding fathers of DreamWorks, we’re not surprised the studio won out.
Spielberg and company have paid a mid-to-high six-figure sum for the script, which revolves around teens and time travel and will be told in the found-footage format. No word on who might direct, but the “Amblin-esque” description has us intrigued.
We’ll keep an eye on Glimmer as it develops and update as new details come to light.