DreamWorks is firming up a deal to preemptively acquire screen rights to “I Am Number Four,” the first of a six-book science fiction deal that has “Transformers: Revenge of the Fallen” director Michael Bay aboard to produce and possibly direct. DreamWorks is working on a high six-figure deal, sources said.
The real surprise in the deal, though, is the identity of one of the two authors. Though WME began shopping the book Thursday under a pseudonym, sources said one of the writers is James Frey, best known for writing “A Million Little Pieces.” Neither the agency nor the studio would confirm.
The deal puts Bay right back in business with DreamWorks, Steven Spielberg and Stacey Snider. It is expected that Spielberg will be active in a behind-the-scenes capacity, similar to the godfather role he has played in the “Transformers” franchise. The sale comes as “Transformers: Revenge of the Fallen” takes a run at the record books this weekend, after setting records on its first two days in theaters.
Source: <a href=”http://www.variety.com/article/VR1118005440.html?categoryid=13&cs=1″ rel=”self”>Variety</a>