Montecito Picture Co. has acquired Chris Baldi’s family comedy “Rockabye Baby” out of its discretionary fund to produce for Paramount.
Montecito made the deal preemptively. Producers are Ivan Reitman, Tom Pollock and Joe Medjuck.
Logline’s under wraps, though the story is said to be in the same vein as “Uncle Buck.” Baldi’s doing a quick rewrite before the project goes out to directors.
The slate for Par-based Montecito has tilted toward comedies such as “No Strings Attached,” “I Love You Man” and “Hotel for Dogs” along with the drama-comedy “Up in the Air.”
Baldi recently sold Fox his “Scavengers” script, which centers on three brothers who go on a scavenger hunt to find the father’s treasure, with Thor Freudenthal directing and Emjag Prods. and 21 Laps producing.
He also wrote Sony comedy “What Would Kenny Do” as a starring vehicle for Ashton Kutcher and Justin Bieber, with Overbrook Entertainment, Kutcher’s Katalyst Films and Motion Picture Corp. of America producing.
Baldi’s also going out with a “Walk of Shame” comedy pitch next week, with Walt Becker attached to direct and produce.
Baldi is repped by CAA and managed by Josh Adler and Mike Goldberg at New Wave.