Word: script
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Dates: during 1990-1990
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...that lowly status is on the verge of a major rewrite. As studios battle one another for the limited supply of surefire scripts, screenwriters have begun snaring huge fees. In a spectacular bidding war among major studios last month, producer David Geffen bought a Shane Black script titled The Last Boy Scout for $1.75 million, which is believed to be the most ever paid for a single screenplay. Says Black: "I really won the lottery this time...
...Pittsburgh native, Black, 28, had earned $400,000 for writing Lethal Weapon. He spent four months holed up in a cabin to write Boy Scout, an action mystery in which a private eye and a retired football player team up to solve a murder. Black wrote the script "on spec," meaning on a speculative basis with no studio commission, a status that entitled him to shop it around for the highest price. The bidding started with an offer of $850,000 from 20th Century Fox and escalated until Carolco Pictures reached a top bid of $2.25 million. But the screenwriter...
...long ago, screenplays seldom cost more than $300,000. But a dearth of innovative scripts and an escalation of film budgets may soon make the seven- figure script an industry standard. "The studios are creatively bankrupt," contends Steve Tisch, an independent producer. "I think the agents are aware of how scarce ideas are, and they're taking advantage of that...
...Cliffies) write offers to come over and read aloud to us your illegible remarks--we can (officially) read anything, and we may be married. Write on both sides of the page--single blue-book finals look like less work to grade, and win points. This chic, shaded calligraphic script so many are affecting lately is handsome, and is probably worth a good five extra points if you can hack...
...Washington Bush meticulously designed a low-key White House meeting with Polhill, who had asked to see the President. There was to be only one photo opportunity; private talk, no press conferences. The coincidental release of Reed changed the script, and Bush felt compelled to surface for reporters with Polhill and give his thanks...