Bill Mechanic’s Pandemonium shingle is in early negotiations with scribe Ehren Kruger (“Scream 3”) and producers Mark Wolper and Roy Lee to develop “Time Is Money,” based on the short story by Lee Felk.
Pandemonium director of development Kerry Foster brought the project into the company and will oversee its development along with Mechanic.
Published in a December 1975 issue of “Playboy,” futuristic story envisions a society in which there is no more sickness, and the result is over-population. A new currency is developed called “time”; to live longer, you work hard and earn time. When you go shopping, you spend time.
A female collector discovers a conspiracy in which someone is stealing everyone’s time. Soon she is losing her own and must stop the conspiracy and stay alive.
David Peoples (“Blade Runner”) penned a first draft screenplay eight years ago in conjunction with Warner Bros. More recently, producer Wolper enlisted Kruger for a new version. Wolper is negotiating with Warner Bros. to secure the rights for his pact with Mechanic.
Kruger’s credits include “Arlington Road” and “Reindeer Games.” Wolper is part of the Wolper Organization, which has been a producer on such films as “L.A. Confidential,” “Surviving Picasso” and “Murder in the First.”