http://weblogs.variety.com/bfdealmemo/2009/09/u-turns-barbie-into-movie-star.html

Universal Pictures has added Barbie to its star stable.


The studio has made a deal with Mattel to build a live action film around its signature toy line. Studios are placing a premium on building films around well-known concepts. Universal brass feels it has landed the queen of globally branded toy figures.

Laurence Mark will produce.

According to Mattel, the 50-year old Barbie has 99% worldwide brand awareness, is the number one girls property in the toy industry, the top doll property in the U.S. and the number one worldwide property in the traditional toy industry.

“Barbie is the most famous doll in history, a unique cultural icon in the world of brands,” said Universal Pictures chairman Marc Shmuger. “So many representations of Barbie frequent pop culture, but never before has she been brought to life in a motion picture. We’re grateful to Mattel for entrusting us with this extraordinary opportunity.”

Mark said the next step will be to canvas writers and decide a creative take for a family-friendly movie. Mark, who just produced “Julie & Julia” and is currently in production on the untitled James L. Brooks-directed comedy that stars Reese Witherspoon and Jack Nicholson, was one of several A-list producers who met with Mattel and U execs. Mark said he felt fortunate to get the job and said there is no shortage of plot possibilities, since Barbie has held more than 120 jobs over the years.

“Barbie may be the most popular girl in the world, and has always been a wonderfully aspirational figure, so we must do her proud,” Mark said.

The executive producers are Barbie general manager and Mattel senior veep Richard Dickson, and Rob Hudnut, who is vice president of Entertainment for Barbie. The brand managers will clearly be hands on in determining how Mattel's star asset translates to the screen.

Asked why there had never before been a live action feature (there have been 16 direct-to-video animated titles, selling 75 million units worldwide, per Mattel), Dickson called the U deal the logical next step in expanding the brand’s reach. In the past several years, Barbie has expanded into areas like fashion shows, merchandise, and online ventures that include Twitter, Facebook, even Barbie’s own YouTube channel.

“The brand wasn’t ready for a movie,” Dickson said. “In the last 10 years, Barbie has evolved from a toy into an intellectual property. We’ve already had enormous success in the entertainment industry. Barbie has a proven track record in home entertainment, there have been live stage shows, live symphonies and other non-traditional forms of entertainment. There is a flagship store in Shanghai. There are a lot of ways we are already communicating with Barbie’s audience, and there is a richness to the brand as an entertainment property.”

While Universal and Mark will want to move ahead aggressively, Dickson said no timetable has been set for Barbie’s big screen debut.

“The utmost concern is to make sure every detail is right,” Dickson said. “Rather than a timetable, I’m more interested in making sure we deliver the right product.”

The Barbie deal was made by CAA, which previously placed at Universal and Playtone Mattel’s “Major Matt Mason,” a potential star vehicle for Tom Hanks. The most recent deal is an as-yet-to-be-launched Mattel monster toy line that will be turned into a musical by that reunites “Hairspray” producers Craig Zadan and Neil Meron with Marc Shaiman and Scott Wittman, who’ll write the original score.

But...why?!!

$300+ million

$300+ million

Illumination should definitely get on a Flintstones adaptation