Richard Matheson’s Earthbound is the first project optioned completely by Parkes/MacDonald Imagenation Abu Dhabi, a venture which was announced back in October 2009. The film about a married man who has an adulterous affair with a twist will be produced by Walter Parkes, Laurie MacDonald, Keri Selig, and written by Ronnie Christensen.

Parkes MacDonald/ Imagenation also recently partnered with DreamWorks on The Museum of SuperNatural History which is based on a website created by Ernest Lupinacci. Also acquired was Eat, Sleep, Poop: A Common Sense Guide to Your Baby’s First Year written by pediatrician Scott W. Cohen as as a film centering on a young couple who bring home a newborn for the first time.

Parkes MacDonald/Imagenation provides financing for the development of film projects with an initial $10 million revolving fund. The fund invests in future Parkes/MacDonald projects developed under their first-look deal with DreamWorks Studios, as well as directly with Imagenation Abu Dhabi or with other major studios.