Studio buys high-concept spec script

New Regency has purchased Alex Litvak and Michael Finch’s high-concept spec “Medieval.”

Sources peg the sale at $800,000 against $1.6 million.

Plot details are being kept under wraps, but project is described as a hyper-realistic action movie set in the Middle Ages.

Navid McIlhargey is overseeing for Regency.

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