The Hollywood Reporter
http://www.hollywoodreporter.com/news/cannes-2012-stephen-king-reach-marche-322835
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According to The Hollywood Reporter, British sales, production and finance banner Park Entertainment is bringing King’s The Reach to market for the first time. It will be produced by Grayson Ross and Jodi Hansell for DownEast Village Productions and be budgeted in the $12 million-$14 million range.
The story’s title refers to the 1.5-mile stretch of water between Goat Island and the Maine coastline. The book details the story of a 95-year-old lady who embarks on a troubled journey to the mainland from the island after the Reach freezes over for the first time in 50 years.
It is currently out to directors and talent agents and is tipped to pick up heat at the market in Cannes.