Writers Grossed Out at Fox

Here’s an interesting little tidbit for you aspiring screenwriters.  20th Century Fox has made a deal with a co-oop of writers including Ted Elliot, Terry Rossio, John August, and Stuart Beattie (among others) where the writers will receive $300,00 upfront for a script (minimum) PLUS offering them 2.5% of the gross if the film makes it through production and is released.  That’s right folks, Fox is paying the guys responsible for Charle’s Angels: Full Throttle and PotC: Dead Man’s Chest and At World’s End up the whazoo!  I don’t know about you, but I’m dusting off my old screenplay and faxing it off to Fox as we speak!