This is encouraging news.
Sony Pictures Animation has picked up the rights to "The Familiars," an upcoming children's fantasy book series written by Adam Jay Epstein and Andrew Jacobson.
Sam Raimi and Josh Donen are in negotiations to produce via their Stars Road Entertainment banner. Epstein and Jacobson also will write the script.
The writers pitched the idea to their reps at UTA and H2F Entertainment, who believed -- given the current marketplace that favors having an IP like a comic book or book behind a project -- that going the book route would be better than simply going out with a pitch.
People have wondered if SPA was going to continue as a production entity (this includes Sony Pictures Animation employees I have talked to.) They've got Cloudy With a Chance of Meatballs ready for release; it's gratifying that another property is being picked up.
The more animation players in the marketplace, the better.