Paramount Denies “Grisbys” Purchase

A rumor began on Friday that Paramount Pictures was picking up “Grisbys Go Broke”, an unproduced screenplay by late writer-director John Hughes that several studios are said to be considering says The Hollywood Reporter

The studio however has denied the talk, saying the company “is not negotiating to purchase the screenplay” which follows a wealthy Chicago family that loses it all and is forced to move to the sticks. The rumor had Paramount hoping to turn the film into a family comedy with Joe Roth (“Alice in Wonderland”) producing. It may eventually happen, just not right now.

Despite the shoot down, we may see some other Hughes-related works emerge in the near future as despite retiring from Hollywood in 1994, the “Breakfast Club” and “Ferris Bueller’s Day Off” writer/director still did a lot of writing. Family members came upon reams of unpublished and unproduced material after his death last August.