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

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.