In a $500,000 against $800,000 deal, Warner Bros is finalizing a deal to acquire Father Daughter Time: A Tale of Armed Robbery and Eskimo Kisses, the Matthew Aldrich spec that Deadline told you yesterday had five bids on the table. The deal is just happening, and I expect the next development to be that Matt Damon is working on this picture as its star and also eyeing it as potentially the one on which he'll make his feature directing debut. He will also produce through his WB-based company Pearl Street, with partner Ben Affleck, Chris Moore and Drew Vinton also producing.
The script focuses on a man who goes on the lam with his daughter, his accomplice on a three-state crime spree.
"When one of the biggest movie stars in the world, who also happens to be an Academy Award-winning screenwriter, gets on the phone with your client and offers to protect the writer's vision and opens his hand to be a creative partner, it's hard to say no," [Aldrich's manager Jewerl] Ross said. "The money becomes secondary. This script is not the obvious studio movie. There are no explosions. It will require delicate handling. Avoiding years of development hell was our goal."