Sony acquires action spec script “Bloodshot” from writer Jeff Wadlow and the underlying rights to the 90s Valiant Comic series that is the inspiration for the screenplay. From Deadline:
The protagonist is Angelo Mortalli, a ruthless killer for the mob who is set up by the family and framed for a murder. He instead goes into Witness Protection, but is betrayed by an FBI agent guarding him, kidnapped and forcibly subjected to an experimental program in which his body is injected with microscopic computers called nanites. They erase his brain and rebuild it and his body to be a weapon with superhuman strength and healing powers. Bloodshot escapes his makers, and though he isn’t his old self, he tries to figure out who he was. Things get bad for everybody who betrayed him.
The WME-repped Wadlow got this through his own entrepreneurial spunk. He loved the comic, and made an agreement with Valiant and Original Film to write it on spec. They showed it to Sony, where [Neal] Moritz has his deal. The studio bought it.
That is showing some initiative: Tracking down the owners of a 90s era comic book franchise, convincing them to let you write a screenplay based on the material, then writing the script on spec. Paid off handsomely for Wadlow: Deadline reports the deal is worth “$450,000 against $1 million.”
Wadlow is repped by WME.
By my count, this is the 17th spec script sale of 2012.
Last year at this time, there had been 10 spec deals.
Sales are up 70% year-to-date over 2011.
Congratulations, Jeff Wadlow!