Landis, son of “Trading Places” director John Landis, was engaged by the studio and the toymaker earlier this year for a script treatment surrounding the iconic action figures. New film leadership at Paramount are prioritizing the relaunch of this IP and others, including “Star Trek.”
Paramount passed on Landis’ treatment for creative reasons, one source added. The studio is still in talks with and awaiting scripts from other writers, including “The Righteous Gemstones” star Danny McBride.
Reached via Instagram, Landis told Variety he was “tremendously grateful to have been given the opportunity.” He elaborated that his pitch came together “very serendipitously based on the coolness of the weird and subversive idea.” That idea centered around the film franchise’s villain, Cobra, “having successfully taken over…
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