Paramount Studios has optioned the rights to a Penny Arcade comic strip.
We must discuss this event that has happened, because it is huge and awesome.
http://www.hollywoodreporter.com/heat-vision/paramount-plots-next-animated-pic-194394
Paramount Plots Next Animated Pic with Alien Comic Adaptation 'New Kid' (Exclusive)The studio has picked up rights and tapped "Book of Eli" writer Gary Whitta to pen the script.
After tasting success of its first non-DreamWorks Animation-produced animated film Rango, Paramount is jumping into the medium again with New Kid.
The project is an adaptation of an online comic from Penny Arcade. The studio has picked up rights and tapped Book of Eli writer Gary
Whitta to pen the script. Mary Parent and Cale Boyter are producing via their studio-based Disruption Entertainment.
The premise spins the feeling of being a new kid in school into an intergalactic story when the kid happens to be the lone earthling in a school chock full of aliens.
Penny Arcade, created by Jerry Holkins and Mike Krahulik, is one of the few viable webcomic sites that has grown into its own little fiefdom, with a blog, video games, podcasts and an online TV show.
Part of the impetus for New Kid is that Paramount is coming to the end of its current DWA distribution deal. Insiders say the studio is looking for a well of animated fare to potentiall fill that part of its pipepline if a new DWA pact can't be worked out. While there isn’t likely to be a Pixar-like animated division at Paramount any time soon, the studio knows it needs to be in that lucrative game, with or without Jeffrey Katzenberg. Rango, released in March, grossed more than $240 million worldwide.
The Mighty, one of the few titles that was allowed to escape from parent company Warner Bros., which normally handles any screen adaptations.
Whitta is repped by UTA and Circle of Confusion.
The strip in question:
Spoiler'd for huge strip-ness
The Newsposts from that day:
Today's idea: The New Kid. It was The New Kid that catalyzed this round of offerings, and I think that (under the right conditions) The New Kid as it is presently conceived could be the biggest thing we ever do. Agree? Disagree? One more concept to go; when the voting booth goes up, let us know.
Being the new kid is hard, being the new kid in a school full of aliens is harder. Tycho mentioned that this one could be the biggest thing we ever do and I think he’s right. My fantasy is to see Dreamworks, Disney or Nickelodeon make an animated feature or a Saturday morning cartoon out of this one. Who knows maybe they will see it and give me a call!
I’m working on the third and final idea today. This last one will go up on Monday and then it will be time to vote. I hope you guys are having as much fun reading these as I am drawing them.
This would also explain why they never expanded on the whole "New Kid" thing despite the overwhelmingly positive response.
Posts
the "no true scotch man" fallacy.
I have edited the thread title to avoid that kind of confusion.
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I hope someone picks up the fantasy one that one is great.
Shhhhh! Don't say that out loud! The RIAA/MPAA might be listening. *hides*
I want a Twisp and Catsby movie!
I always thought the comic they did about the fantasy version of the boy scouts had a great premise too. Too bad we never got anything more then a few pages of comics out of it.
A Twisp & Catsby movie would be like Un Chien Andalou written by Terry Gilliam and directed by Spike Jonze
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They won't be hurting, but I'd be unsurprised if their end is a fixed sum for the rights, not any kind of royalties. And even if you get royalties, 99.9% of movies don't turn a "profit," thanks to Hollywood accounting (see: the author of Forrest Gump).
But, that's a subject for a terrible thread about Hollywood business practices. Whereas this is the space where I say how unbelievably awesome it is to see yet another win for the guys. I started reading back in 1999, and holy fuck that is like twelve years ago. Amazing to see how far they've come, and the great things they're doing.
You're forgetting that while this particular major Hollywood studio may have an army of lawyers and accountants who have been in the business longer than most of us have been alive.
They are up against Khoo.
Khoo could turn a profit with a stack of blank paper on a windy day.
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this is still good for Mike and Jerry
For a very small number of people. It's a luxury not everyone can afford.
I hope that Automata,gets turned into... something moving. Or just more of it. I love that combination of styles.
I'm really quite surprised by this, I didn't know studios even purchased stuff like this.
Seriously. Didn't Whitta write Blood and Oil? When I saw he was attached I had to go back and verify that it really wasn't an Automata movie.
Also the second part, because this is pretty amazing. The tale of two guys turning this:
into the current state of this Khoovian Empire never stops getting less believable.
But I also really wanted that Automata movie, and The New Kid didn't really interest me. At all.
I'm all mixed up inside.
Pretty much this.
Honestly, Penny Arcade has a metric fuckton of comic concepts and ideas that could potentially be blockbuster gold. I'm surprised this didn't happen sooner.
I look forward to seeing how this turns out.
Stuff like Automata would require much more effort and budgets.
Coming to a theatre near you.
The Comic:
The news posts:
Edit: Oh, it's in the OP now.
Personally I'd like to see them take their fat Hollywood loot and use it to fight American Greetings on the Strawberry Shortcake, and finally get it released from the vault.
Because fuck those pricks.
That is just why actors and the like just ask for a percentage of gross receipts. Asking for a percentage of net profits was a mistake on the author's part.
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Semi-interesting but largely off-topic reply inside:
So (the example given, IIRC) if Edward Norton isn't up to anything, but needs some income, he can take a contract that provides a modest fixed payment, plus a cut. Now, he knows that cut will wind up being zero, or at best tiny...but that's not how the contract reads, so then his agent will talk about it as a "contract worth $3M" even though he may be getting paid something in the six-figure range.
It's good for publicity, and basically helps muddy the waters for future contract negotiations.
Yes, it's in the OP, but I'm totally stealing the newsposts and putting them in there too.
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Gross oversimplification:
Forrest Gump is not actually created by Paramount. It's created by Forrest Gump LLC, a holding company created specifically for the purpose of accounting and copyright ownership.
All the costs of making the movie are billed to and paid by FGLLC. But the box office receipts aren't collected by FGLLC...oh no. Those are collected by Paramount, who FGLLC pays to "distribute" and "market" the film. And probably also signs all merchandising rights to, etc. Basically, FGLLC exists only as a fictional shell, to take all the losses while signing all the gains away to Paramount. Paramount makes bank, FGLLC breaks even at best.
But all those contracts for royalties based on net? Those are based on the net for FGLLC. As I said in my spoiler above, most of the players understand that those values are zero...it's all fictional bullshit. But every now and then you get some author or other player who isn't familiar with the business, and who has terrible representation, and agrees to a cut of net without knowing this. And boy, do those people wind up pissed.
Who did Sorcerer's Apprentice? That's a halfway decent analog for Jim Darkmagic.
but why go through that hassle? Is it to pay less taxes or something?
Partially that, I imagine. But I also imagine that it is mostly done to fuck over the naive saps doing business with them.