He passed away in August, but the film legacy of John Hughes may not be over.
The late writer-director -- who was given an Oscar tribute Sunday -- has an unproduced screenplay, "Grisbys Go Broke," floating around the industry ether. Word crept out Friday that Paramount, which has a long history with Hughes, was picking up the script with hope of turning it into a family comedy with Joe Roth ("Alice in Wonderland") producing.
However, the studio said that it is not negotiating to purchase the screenplay, which follows a wealthy Chicago family that loses everything and is forced to move to the sticks. But Paramount certainly has no problem with digging back into Hughes material.
Read more from the Hollywood Reporter.
