Par bags ‘Cat’ for Obst as latter grows lit outreach

Story based on true-life comic caper

NEW YORK — Paramount has paid six figures for the screen rights to “The Man Who Loved Cat Burgling,” an article by Skip Hollandsworth that appears in the February issue of Texas Monthly, for Lynda Obst Prods. to produce and develop.

A true-life comic caper, “Cat Burgling” tells the story of a nerdy computer programmer who loses his heart to a flirtatious party girl. In order to keep up with her financial needs, he learns to become a jewel thief and spends the better part of a decade boosting diamonds from Dallas’ wealthiest mansions.

Obst’s Par-based shingle has long been bullish on purchasing and developing projects based on books and other lit properties.

‘Damascus,’ ‘Desperation’

Earlier this year, the company used its discretionary fund to purchase Robert Stone’s bestselling novel “Damascus Gate.” In May of last year, Obst purchased the Cambridge, Mass.-based ghost story “Toys of Desperation.” Ed Zwick has recently inked as director and co-producer on “Desperation.”

The William Morris Agency’s Dan Stone negotiated the deal on behalf of Texas Monthly.