Mike Fleming

In a deal worth $1 million upfront, GK Films has acquired Little White Corvette, the Michael Diliberti script that has Emma Stone attached to star. Stone, who most recently completed The Amazing Spider-Man and who’s got some Oscar buzz for her performance in The Help, had an open slot that had several studios buzzing. Shooting on this one will begin in late summer and Scott Aversano will produce with GK’s Graham King and Tim Headington. Diliberti wrote the story with David Branson Smith. Stone and Diliberti will be exec producers.

Stone had been interested in the script since last summer. It’s a two-hander about a nerdy guy and his wild older sister who travel to Miami to try and sell a million-dollar stash of ’70s cocaine they found in the trunk of their late father’s car. It’s the third recent sale for Diliberti, who sold the pitch The Big Sayonara to Fox as a potential directing vehicle for John Requa and Glenn Ficarra, and an untitled pitch that Warner Bros bought for Todd Phillips to produce. Both Stone and Diliberti are repped by WME; Stone’s managed by Anonymous Content and Diliberti by New School Media.

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