EXCLUSIVE: Warner Bros has locked a deal to acquire the David Dobkin spec script Arthur & Lancelot for $2 million in a bidding war that involved Universal and Fox. Script is a $90 million budget contemporary re-imagining of the classic tale. Dobkin will direct, and he just completed the Universal comedy The Change-Up. CAA reps him. Dobkin will produce with Lionel Wigram, and Jeff Kleeman is exec producer. I am at Green Lantern screening and will fill in the details later but you have to wonder if Warner Bros is cornering the market on King Arthur tales. Bryan Singer’s developing a remake of Excalibur, the 1981 John Boorman film based on Thomas Malory’s 15th Century work, and then Sherlock Holmes director Guy Ritchie has another version set up last year with Trainspotting scribe John Hodge. Will the first to pull the sword from the stone and get their movie into production be the winner? When a studio puts up that kind of money like was done for the Dobkin project, you can bet that is the one that takes precedence and you can expect the others to fade away.