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MUNIZ SPIES FOR MGM

'Malcolm' paid near $2 mil for mini-Bond pic

 

By MICHAEL FLEMING

    MGM is near a deal to transform "Malcolm in the Middle" star Frankie Muniz into a teenage equivalent of James Bond.
    After a weeklong bidding battle, MGM is in final negotiations for "Agent Cody Banks," a Jeffrey Jurgensen-scripted adventure film, which Muniz will topline during his "Malcolm" hiatus. Production will start June 1.
    Muniz will be paid at least $2 million, making him the best compensated child movie star since the "Home Alone" heyday of Macaulay Culkin.

 Size of his salary is the result of his "Malcolm" following coupled with the strong performance of the $14 million Universal comedy "Big Fat Liar," which is headed toward a $50 million gross.
     MGM emerged with muniz exclusive negotiation rights after an auction that involved five studios, with MGM and New Line battling into the weekend.
     Film will be produced by Dylan Prods. and  Maverick Films for Splendid Pictures, the upstart company run by Andreas Klein and David Glasser that recently announced its first project, Jan De

Bont-directed pic "The Courier."
     "Agent Cody Banks" concerns a teen drafted by the US. government for covert missions requiring youth  sized participants.
     MGM topper Michael
Nathanson and production president Alex Gartner lobbied hard to make the film a linchpin of an effort to move into family-oriented fare and committed to greenlight a film with a budget around $20 million. Pic's viewed as having marketing potential akin to that of MGM's hit "Legally Blonde," which the studio is trying to sequelize.
    Muniz is repped by 3 Arts' Jeff Golenberg and agented by Wendy Green.

 

 

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