Do you ever wonder where all those rejected Hollywood scripts go to die? Is there some sort of paper hell, filled with shredders and hole punchers? Or, is there some crater out in the desert of New Mexico, much like the one allegedly filled with millions of unsold copies of Atari’s mega-flop “E.T.: The Extraterrestrial,” chock-full of scripts every bit as bad as “Gigli,” “Battlefield Earth” and “The Room.”
But one movie studio is ignoring the appraisals of other companies and is taking the old adage “one man’s trash, is another man’s treasure” to heart.
California-based Adaptive Studios employs the unusual business model of reimaging previously abandoned intellectual property from other studios, production companies and agencies.
“We’re basically rummaging through studio trash for stuff that’s been discarded,” Perrin Chiles, founding partner and chief executive of the company, told the New York Times.
Hollywood movie studios are known for dishing out cash for a number of scripts, onlyRead More »from Movie studio turning long-rejected Hollywood scripts into novels, movies