Spec Market Roundup - January 2012's Sales

Spec Market Roundup - January 2012's Sales

Published: February 07, 2012 @ 4:56 pm
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By Jason Scoggins & Cindy Kaplan

Now this is a hangover we can get behind: 2011’s pace of spec sales continued unabated through January 2012. In fact, last month’s numbers were higher than all but the two busiest months of 2011. In other words, January 2012 had the third highest number of monthly spec sales in more than five years. Here are our favorite highlights:

  • Five of January’s 15 buyers were studios, including perennial market leader Warner Bros. and Disney, which bought just two specs in each of the past three years. Previously, no studio had picked up a spec script in January since the WGA strike.

  • WME sold four specs last month, jumping out to an early lead over 2011’s spec sales leader CAA, which sold two.

  • WME’s Mike Esola (2011‘s No. 1 pitch salesman) and Energy’s Brooklyn Weaver (one of 2011‘s most effective lit managers) combined forces to set up two specs last month.

In response to popular demand, we’re now including loglines in the spec sale details below. (You’re welcome.) Here are January’s overall numbers:

 Weekly Activity Breakdown

Week of January 1 (New Year’s Day):

Week of January 8:

Week of January 15:

Week of January 22 (Sundance):

Week of January 29:

Genre Breakdown:

Three of January’s sales were of scripts that came out in previous months.

January 2012 Spec Sales (alphabetical by title):

Bermuda
Writers: Nathan Brooks & Bobby Lee Darby
Reps: Original Artists (Chris Sablan, Jordan Bayer, Matt Leipzig) and Hung Entertainment (Jonathan Hung)
Buyer: WWE Films
Genre: Horror, Thriller
Logline: In the vein of “Paranormal Activity” and “The Blair Witch Project.”

Tags: agencies, development, film, film lit, Hollywood, management companies, Movies, screenplay, screenplays, screenwriting, scripts, spec market
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Jason Scoggins is the brand spanking new Chief Product Officer of TheWrap and General Manager of ItsontheGrid.com, the world-renowned database of feature film development information he founded in 2009. 

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