EXCLUSIVE: Bill Block has closed a deal for American Hostage, a spec script penned by The Butterfly Effect co-scribe and co-director Eric Bress. It’s his first deal since moving to Merced Media, where he’ll produce this with his new partners Raj Singh and Kevin Frakes, and Benderspink. The spec is about a home-invasion crew that terrorizes houses in a neighborhood, until they choose the wrong residence. Suddenly, the hunters become the hunted. UTA and Management 360 rep the writer.