Columbia Pictures has grabbed film rights to T. Coraghessan Boyle’s comic novel “Budding Prospects,” with “Full Monty” helmer Peter Cattaneo attached to helm, Col confirmed Wednesday.
Jane Hamsher and Don Murphy, who have a deal at the studio, will produce; Rachel Horovitz and Donald Zuckerman are exec producing.
Col also struck a deal for D.V. DeVincentis and Steve Pink, who co-wrote “Grosse Pointe Blank,” to pen the screenplay.
The pic revolves around three friends who need money fast, so they get involved in a get-rich-quick drug scheme in Northern California.
Michael Costigan, Col senior VP of production, will oversee the project for the studio.
Cattaneo’s auspicious feature debut, the $3.5 million “Full Monty,” has become the most profitable film of 1997, to date earning more than $200 million at the worldwide box office. It also garnered four Oscar nominations, including best film and director.
Following this success, Cattaneo has been offered projects all over town, but has put his name only on the feature version of his short “Dear Rosie,” with Sigourney Weaver attached to star and produce, at 20th Century Fox; and “Budding Prospects” at Col.
The Brit helmer first gained critical attention in 1990 with his 11-minute “Rosie,” which was nominated for an Oscar for live-action short.
He followed with the 1996 BBC vidpic “Loved Up,” which screened at Sundance and brought him to the attention of Fox Searchlight (which financed “Monty”) and “Prospects” producers Hamsher and Murphy, who have been looking for projects to do with Cattaneo since their meeting in Park City.
ICM’s Robert Newman and Amanda Davis repped Cattaneo in the deal.