Universal acquires Paul Greengrass adaptation of Stephen King book ‘Fairy Tale’

Universal has won the rights to a planned adaptation of Stephen King’s latest book “Fairy Tale” at an auction and in a competitive situation from director Paul Greengrass, a person with knowledge of the project, told TheWrap.

Greengrass chose the rights to “Fairy Tale” last month and is developing the feature, script, direction and production. Greg Goodman will also produce.

“Fairy Tale” is a dark fantasy novel from the master of horror, as published by Scribner in September, and it follows a 17-year-old boy who inherits the keys to a terrifying world where good and evil are at war. The stakes couldn’t be higher — for that world or ours — as he journeys to the mythical roots of human storytelling, according to the official logline.

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Greengrass most recently directed “News of the World” in 2020, which was also released by Universal and was a western starring Tom Hanks that was nominated for four Oscars. Greengrass is also set to direct Benedict Cumberbatch in a movie called “The Hood.”

This year, King’s novel “Firestarter” was adapted into a feature film, and some of his other short films and novels, including “Mr. Harrigan’s Phone” and “Salem’s Lot.”

King is represented by Rand Holston Management and Gang, Tire, Ramer, Brown & Passman, Inc. Greengrass is represented by CAA.

Deadline first reported the news of the acquisition.

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