Warner Bros. Takes on Arthur & Lancelot , Line of Sight

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Warner Bros. Pictures has acquired David Dobkin’s spec script Arthur & Lancelot, reports Deadline. The site says the script is a $90 million budgeted re-imagining of the classic tale to be directed by Dobkin. He’ll also produce with Lionel Wigram, and Jeff Kleeman is executive producer.

The studio has also lined up “Halo: Reach” writer Peter O’Brien to work on the script for Line of Sight, about an elite commando squad transporting cargo while dealing with a global threat, says Heat Vision.

The site adds that Warner Bros. initially picked up the project in March as a spec script written by F. Scott Frazier for Silver Pictures, where Joel Silver and Andrew Rona are producing.