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New movie deal for Jim Carrey18 Sep 1998
It was reported yesterday that Universal won the rights to adapt Dr. Seuss' book "How the Grinch Stole Christmas" for a live-action feature with Jim Carrey attached to star. Ron Howard will direct and his Universal-based Imagine Films company will produce.
Carrey will play the Grinch, a creature with a heart two sizes too small who attempts to spoil Christmas in Whoville by dressing as Santa Claus and stealing all the Christmas gifts, trees and food.
Universal will pay an upfront rights fee of approximately $5 million to Audrey Geisel, the author's widow.
However, what's generating the biggest buzz is the backend potential of the deal, which includes around 4% of the box office gross profits plus a merchandising and soundtrack take said to approach the 50% range.
According to the latest reports, the movie is tentatively set to open by Christmas 2000, not 1999, as originally said.
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