In a story from Variety it seems that Steven Spielberg is considering making a film based on the popular book character Matt Helm.
The character was featured in 27 novels by Donald Hamilton. He is a government agent who goes after bad guys. A script was recently delivered to the director from writer Paul Attanasio.
DreamWorks was developing the project but had to leave it at Paramount when the two companies parted ways. Spielberg will be producing the project but it is unclear about whether he will direct.
As DreamWorks closes its new deal with Disney they really want Matt Helm to be his next project. However, Paramount isn't beholden to Spielberg and in this financial climate they may not want to give the director his "rich deal terms."
The feeling is that the property could launch a franchise and Paramount could make and save money by going with another director.