Deadline
http://www.deadline.com/2012/02/warner-bros-acquires-spec-the-waiting/
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According to Deadline Warner Bros pre-emptively acquired the script for The Waiting by first time screenwriters Mark Bianculli and Jeff Richard.
Described as Rear Window meets Paranormal Activity, mysterious events occur in the flick when two high school filmmakers decide to create the illusion of a haunting on an unsuspecting neighbor.
Yep. We’re there. Look for more on this one as soon as it comes.