Destination Films has bought first-time scribe David H. Steinberg’s script “Slackers” for $200,000 against a guaranteed $700,000.
The guarantee comes with a 12- month window for Destination to put the film into production (the scribe will be paid the full amount regardless of whether the film goes into production with Destination). In addition, Steinberg’s deal guarantees cash bonuses depending on the pic’s performance at the box office.
Destination nabbed the script after a bidding war with Artisan.
“Slackers” is a comedy about three scheming college students who have gotten through school with perfect grades without doing a stitch of work. When the school’s geek uncovers their deception, he blackmails the schemers, using their well-honed skills for his campaign to win the heart of the school’s most popular girl.
Steinberg is repped by Jewerl Ross at APA and attorney Bob Myman at Myman, Abell, Fineman and Greenspan. Destination’s executive veep of business and legal affairs, Neal Hacker, brokered the company’s end of the pact.