The newly founded Sycamore Studios has bagged another high-profile piece of intellectual property for film adaptation.
Formed in August by Christian McGuigan and Timothy Reckart, Sycamore has won the rights to the bestselling graphic novel series “Zita the Spacegirl.” The project joins a development slate that also includes an animated feature take on the classic “Doctor Dolittle,” from screenwriters Cal Brunker and Bob Barlen (“Paw Patrol: The Movie,” “Paw Patrol: The Mighty Movie”).
The acquisition comes on the heels of a successful Series A funding round, which we hear was oversubscribed and fetched mid-seven-figures for Sycamore’s operations and productions.
Written by Ben Hatke, “Zita” follows a brave girl who is propelled into a cosmic adventure when her best friend is abducted by aliens. Zita’s unwavering determination to find her way back home and her courageous sacrifice for others transform her into an intergalactic hero. The property was previously set up at Fox Animation with Peter Chernin, and has received numerous publishing awards including the distinguished American Library Association Notable Children’s Book prize.
“Bringing ‘Zita the Spacegirl’ to the big screen is a tremendous opportunity for Sycamore,” said CEO McGuigan. “Ben Hatke has created a world full of imagination, heart, and heroism. We’re thrilled to partner with him to craft a visually stunning and emotionally powerful film that will inspire kids and families everywhere.”
Sycamore is also building out its corporate ranks, having recently hired veteran animation executive Cooper Waterman (“Casper the Ghost,” “Stuart Little” and the “Alvin and the Chipmunks” franchise).
