The Wrap: March a “monster month” for spec script market

So it’s not just me braying about heightened activity in the spec script market. Jason Scoggins, whose It’s On The Grid is now part of The Wrap empire, reports even bigger numbers than me:

Those aren’t typos below — March was a monster month in the spec market: 16 spec sales and a 39 percent sales rate are by far the highest monthly figures since the 2007–2008 WGA strike. The next two highest months were April 2010 (13) and February 2009 (12). Every studio except Disney and Warner Bros. came on strong (Columbia bought three specs and Universal and Fox bought two each), and eight non-studio buyers got into the game as well, notably Mandate and Montecito.

I have 12 spec script deals in March, but as both Jason and I note, tracking spec sales is a non-scientific thing. For example, there was a ‘sale’ reported last month that I have heard was a free option. The script is set up, but should that qualify?

I always cross-check my list with Jason’s, so I’ll get to that soon. I’ll be way more than happy to find out there were actually more specs that got set up last month. Great to see all this activity!

And if you haven’t checked out It’s On The Grid, you should. It’s a reasonably priced resource with excellent coverage of the script acquisition, development, and OWA market.

For more of The Wrap article, go here.