Hollywood Wraps Up Year with Legendary Acquisition of Paik's Story

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Hollywood,Film Deal,Neil M. Paik

Legendary Pictures has acquired the rights to a three-chapter unpublished story by Neil M. Paik, who will also write the screenplay. This deal marks one of the last major acquisitions of the year in Hollywood.

The package includes an unpublished three-chapter story by Neil M. Paik, who will also write the script. The deal marks the last major acquisition of the year, occurring just a day or two before Hollywood closes its doors for the holidays. And it’s a doozy, right out of Santa’s workshop. According to sources, the deal involves a seven-figure outright purchase price for the rights to the story as well a seven-figure arrangement for Paik to write the screenplay. Paik would also act as a producer.

. The package hit the town last week, with bidding starting at mid-six figures and rising from there. It came down to Legendary and Lionsgate, per sources. Details are being kept under the camisole, but sources say that the tones are Adrian Lyne, who made steamy thriller published by Six by Eight Press, was set up at Amazon as a series with Lena Waithe exec producing, also after a competitive situation while another short story, The deal is a merry Christmas present for Powell, who closes out a banner year with a reaffirmation of his new star power. It was almost exactly one year ago that he became a newly-minted star with, his comedy with Sydney Sweeney. The movie opened Dec. 22, 2023, and became a box office sensation. He followed that up with romantic comedy thriller , Universal’s well-regarded update on the 1990s tornado flick, followed in the summer, whipping up more than $370 million worldwide, including more than $267 million domestically. The actor was frequently cited as one of those who was leading a new class of Hollywood stars and a resurging theatrical experience.

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