Universal put its foot into the hopscotch square late Friday and bought a new romantic comedy, “Third Grade,” penned by the duo who scripted Disney’s just released “Blank Check.”
The deal, with writers, producers and back-end, was reported to be worth approximately $ 2 million.
The script, written by Blake Snyder and Colby Carr, is the story of a disagreeable man who, because of an error in his school records, is forced to go back to third grade for 15 days.
The idea was originally sold several months ago on a pitch to indie Cinema Line, which then paid the duo to write the script. Once it was finished last Wednesday, Cinema Line helped negotiate the sale to Universal Friday.
Among those who played a crucial role in the sale were Cinema Line prexy Steve Randall, attorney Julie Phillips of Bloom, Dekom & Hergott (who represents Cinema Line) and James C. Mandelbaum of the Armstrong, Hirsch firm, which represents the writers.
Cinema Line and Craig Baumgarten of Adelson/Baumgarten Prods. are attached to produce.
The duo’s agent, Hilary Wayne, negotiated the original pitch sale.
Snyder and Carr have a first-look deal at Disney, which was put into action last April when they sold “Blank Check” to the studio. They are currently working on a feature remake of the “Herbie, the Love Bug” series.
In addition, Snyder has a project at Amblin Entertainment, “Nuclear Family,” which he co-wrote with James Haggin. That comedy is being shopped to directors.