There was a recent article in the LA TIMES proclaiming that spec screenplays are now dead. For quite some time studios would buy these scripts written on speculation for goodly amounts and even ungodly amounts. Some specs were going for over a million dollars. For the studios, it was a chance to buy a script already written. They knew what they had (or what they had to assign to other writers to rewrite). In …
SOURCE: Ken Levine at 09:00AM on February 19, 2018