Universal has reportedly won out in a heated bidding process to secure Stephen King’s book The Fairy Tale.
We’ve known for a few weeks that that the admired filmmaker, Paul Greengrass, will be tackling an adaptation of Stephen King’s recently-published The Fairy Tale. King reportedly did one of his famous $1 deals with Greengrass, selling the rights to his work for a token sum but with a presumed big slice of the film’s profits to come later on.
Bidding to secure the project was reportedly quite heated, with Universal coming out on top according to Deadline, despite strong interest from both streaming platforms and traditional studios.
Ultimately, Greengrass opted for Universal as the filmmaker enjoys a strong relationship with the studio, having made his Bourne films there, along with the 9/11 drama, United 93 and his most recent directorial outing, 2020’s News Of The World.
The story is described as ‘an epic tale that follows a 17-year-old boy who inherits the keys to a terrifying world where good and evil are at war. The stakes could not be higher, for that world and ours, as he journeys into the mythic roots of human storytelling.’
Despite some of King’s other upcoming adaptations facing various problems, Greengrass’ involvement seems to mean the The Fairy Tale is facing far fewer issues. It probably doesn’t hurt that reviews for the recently-published book are glowing too. We’ll bring you more updates on this one, including casting, as we hear them.
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