Will fully finance, produce; Emma Stone to star

GK Films will fully finance and produce “Little White Corvette,” steering the project away from backer Media Rights Capital in a seven-figure deal.

Pic, written by Michael Diliberti, has “Easy A” thesp Emma Stone attached to star. “Corvette” would be her next project.

Diliberti was also attached to direct, but sources close to the project say that’s no longer the case and producers are currently out to other helmers.

Diliberti had two other projects set up last year. Scribe sold an untitled pitch to Warner Bros. and pitch “The Big Sayonara” to 20th Century Fox.

GK’s Graham King and Tim Headington will produce the film, along with Scott Aversano and Will Russell-Shapiro. Stone and Diliberti exec produce.

Script centers around two down-and-out siblings who must travel to Miami to try and sell a duffel bag of cocaine their dead father left in the trunk of a corvette.

MRC, which had raised its comedy profile lately with Seth MacFarlane’s “Ted,” was attached to the former as recently as September.

GK Films has a slate of high-profile pics skedded for this year, including the Brad Pitt-toplined “World War Z,” Ben Affleck’s “Argo” and the Tim Burton-helmed Johnny Depp starrer “Dark Shadows.” Shingle is also developing an untitled Freddy Mercury biopic.

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