Relativity Buys New Nicholas Sparks Novel

In a deal that is in the vicinity of $2 million against $5 million, Ryan Kavanaugh’s Relativity Media won the auction for the Nicholas Sparks novel Safe Haven. Temple Hill partners Marty Bowen and Wyck Godfrey will produce with Kavanaugh and Sparks, and Tucker Tooley exec producing. All of them teamed on the adaptation of the Sparks novel Dear John, the Relativity-financed pic that grossed $110 million worldwide with Channing Tatum and Amanda Seyfried starring. Sparks has become the closest thing the movie business has to a slam dunk, and that allowed UTA to make a rather sensational ask in a sluggish book-to-movie marketplace. What is most intriguing is the quick trigger on the deal, whose heft turned off some potential bidders. Buyers got a 9-month window to develop a script. If that date passes and a script isn’t ready, the rights return to Sparks and he keeps the $2 million, sources tell me. (more…)

This article was printed from https://deadline.com/2010/08/relativity-buys-nicholas-sparks-novel-safe-haven-60107/