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DreamWorks in the News
Studio picks up anchorman comedy from to star Will Ferrell.
Wednesday, March 12, 2003
Spencer Garvey

 
Going, going, gone. DreamWorks Pictures has won the bidding war for the latest project from hot property Will Ferrell. DreamWorks has picked up Action News, a starring vehicle for the Old School star to be directed by Adam McKay, who will be making his helming debut on the project. Lensing on the project is currently scheduled to begin in July, with Ferrell receiving a $4 million paycheck to topline.

The script was written by Ferrell and McKay, who worked together on NBC's Saturday Night Live, Ferrell as an actor and McKay as head writer. News stars Ferrell as a pompous newcaster in Portland, OR, who gets matched up with a young female journalist who actually has quality reporting skills. The anchorman soon comes to realize that his manicured looks and TelePrompter-reading abilities may not be enough to keep him alive at the small news station.

Judd Apatow will be producing the project, and David O. Russell and Shauna Weinberg will take the executive producing reigns. Ferrell and McKay launched the idea at DreamWorks, but it then moved to New Regency and then on to New Line. After the release of Old School, the property became hot once again and was snatched up for DreamWorks by Michael De Luca and Adam Goodman.

Repped by the United Talent Agency, Ferrell has helped Old School rack up over $50 million at the box office to date. Other big screen Ferrell projects have included Zoolander, Jay and Silent Bob Strike Back and Austin Powers: The Spy Who Shagged Me, among others.

McKay is repped by Endeavor and Mosaic Media Group.

 
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