Millennium Films acquires action spec script “High Value Target” written by Spenser Cohen. Per TheWrap:
The film, which will also mark Cohen’s directorial debut, chronicles Mantis, a lethal special-operations unit that attacks a boat operated by Somali pirates. In an effort to ramp up the realism, much of the story will be told with point of view cameras attached to members of the unit.
It has been described as “Black Hawk Down” meets “The Raid: Redemption” since the vast majority of the film covers the raid, which transpires in one location — the boat.
Another example of ‘similar but different’ movie development dynamic in Hollywood, reflected in TheWrap’s headline: “Millenium [sic] Buys Somali Pirate Script, Hopes for New ‘Expendables'”.
New “Expendables”. Similar but different.
Deal is reportedly in the low-six figures.
Cohen is repped by Energy Entertainment.
By my count, this is the 87th spec script sale in 2012.
At this point last year, there were 97 spec sales.
Spec script sales are down 11% year-to-date compared to 2011.