Warner Bros. pays $2 million for David Dobkin's ARTHUR & LANCELOT

Warner Bros. has paid $2 million for David Dobkin's spec script Arthur & Lancelot, after a bidding war with Universal and Fox. Deadline reports that the project has a budget of $90 million, and is planned as "a contemporary reimagining of the classic tale." The film will be directed by Dobkin, who just wrapped The Change-Up for Universal. The film will be produced by Dobkin, Lionel Wigram, with Jeff Kleeman serving as exec producer. More details will be coming from this story as it develops.
I am a huge fan of the King Arhtur story and am excited to see this story play out in contemporary times. What are your thoughts on this news?