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Scoggins Report - March 2013 Spec Market Roundup

Scoggins Report - March 2013 Spec Market Roundup

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Published by Jason Scoggins
The Scoggins Report is a terribly unscientific analysis of the feature film development business based on information assembled from a variety of public and non-public sources. The numbers in the reports are by no means official statistics. Caveat emptor. Molṑn labé.
The Scoggins Report is a terribly unscientific analysis of the feature film development business based on information assembled from a variety of public and non-public sources. The numbers in the reports are by no means official statistics. Caveat emptor. Molṑn labé.

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Categories:Types, Research
Published by: Jason Scoggins on Apr 02, 2013
Copyright:Attribution Non-commercial

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07/08/2013

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The Scoggins Reportby Jason Scoggins & Cindy KaplanApril 2, 2013
March 2013Spec Market Roundup
We stayed up late last night messing around with the numbers for the first quarter of2013, and we’re now even more convinced than we were last month:
Somethingtotally bizarre is going on in the spec script market
. Consider the following:
There has been
way 
less new material on the market this year than usual --40% less, to be precise
(just 56 scripts over three months, vs 93 by this pointlast year and 89 in 2011)......
yet the
percentage 
of material sold has been very high, almost exactly thesame as last year
(41%, vs 42% at this point last year and 35% in 2011).Also,
of the 23 specs that have sold so far this year,
way 
fewer were boughtby major studios than usual -- 39% fewer, to be precise
(7 scripts in the pastthree months, vs 18 by this point last year and 14 in 2011)......and
three major studio buyers still haven’t bought
any 
specs yet this year
 (
Columbia
,
Fox
and
Warner Bros.
)......
yet the studios have collectively bought just as many pitches this year aslast
(17 out of the 22 pitch sales so far in 2013, vs 18 out 23 in 2012).That middle item is pretty shocking --
we haven’t seen a total studio purchasenumber that low since 2010
, which you may remember was an absolutely awful yearfor specs. If all we knew were the raw sales numbers, we’d have a pit in our collectivestomach about the state of the market......but when we factor in the first and last bullet points (comparing year-over-year totalscripts taken to market and pitch sales numbers, respectively), we feel quite a bit better.Here’s our take:
The buyers are still buying, but the sellers are throttling supply.
A month ago we chalked this up as the effect of Resolution’s and Paradigm’s hiringsprees, and we still think that’s true. Here’s the thing, though: Waiting a beat or twomakes sense, but at some point there’s going to be a flood of new material on themarket and some good stuff is going to get lost in the shuffle. If we were repped writerswith market-ready specs, we’d be starting to get impatient right about now.
The Scoggins Report is brought to you by 
SpecScout.com -- The Spec Market, QUANTIFIED
March 2013 Spec Market Roun dup – April 2, 2013 Creative Commons Attribution 2013 
!!
Page 1
 
Year-Over-Year Breakdown
Mar 2013
Mar 2012Mar 2011Mar 2010Mar 2009New Specs
22
36344978
Specs Sold
1
10
1415810
Percent Sold 
32% 
33%44%16%13
Genres Sold
2 Action1 Comedy1 Horror2 Sci-Fi4 Thriller
4 Action3 Comedy1 Horror1 Sci-Fi5 Thriller1 Action5 Comedy3 Sci-Fi6 Thriller1 Western2 Comedy1 Drama3 Thriller1 Action4 Comedy1 Drama1 Sci-Fi1 Thriller
!
1 Total sales in March
!!
2 Sales percentage of scripts that came out and sold in March
Weekly Activity Breakdown
Week of March 4:
6 specs hits the market, none of which have sold yet
2 spec sales were announced:
Agatha
(3/5)
Murder City
(3/6 - originally went out in June 2012)
Week of March 11:
8 specs hit the tracking boards, 2 of which have sold so far:
All The Good Ones Get Away
(3/15)
Ink And Bone
(3/27)
4 additional spec sales were announced:
Orbit
(3/13 - originally went out in January)
Pay The Ghost
(3/13)
One Night on the Hudson
(3/14 - originally went out in June 2011)
Incinerator
(3/15/)
Week of March 18:
3 specs hit the tracking boards, none of which have sold yet
1 spec sale was announced:
Caught In The Act
(3/18)
Week of March 25 (Passover/Good Friday):
No new specs hit the tracking boards
1 spec sale was announced:
Eden
(3/25)
The Scoggins Report is brought to you by 
SpecScout.com -- The Spec Market, QUANTIFIED
March 2013 Spec Market Roun dup – April 2, 2013 Creative Commons Attribution 2013 
!!
Page 2 
 
Genre Breakdown
GenreTotalSold
% Sold 
Action/Adventure82
25% 
Comedy20
+1
0% 
Drama00
0% 
Horror21
50% 
Sci-Fi41
+1
25% 
Thriller63
+1
50% 
The +1‘s in the above grid indicate the scripts that sold in those genres that originallywent out prior to March 2013.
Spec Sales (alphabetical by title)
AGATHA
Writer: Allison Schroeder (“Mean Girls 2”)Reps:
UTA
(Marissa Devins, Dan Erlij) and
Benderspink
Buyer:
Paramount
Genre: Action adventureAttachments: Will Gluck (“Friends With Benefits”) will direct.
DisruptionEntertainment’s
Mary Parent and Cale Boyter will produce with Benderspink’s ChrisBender, JC Spink and Jake Weiner.Notes: Agatha Christie never accounted for what happened during her disappearance,but several theories are mentioned on herWikipediapage.Logline: PerDeadline, plot details are on the DL but the project “surmises what reallyhappened to Agatha Christie during the 11 days she went missing” in December 1926following a quarrel with her husband.
The Scoggins Report is brought to you by 
SpecScout.com -- The Spec Market, QUANTIFIED
March 2013 Spec Market Roun dup – April 2, 2013 Creative Commons Attribution 2013 
!!
Page 3 

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