May 17, 2011 / 8:01 PM / 9 years ago

Heated auction begins by studios for unpublished book

LOS ANGELES (Hollywood Reporter) - A spirited book auction sparked Monday evening for “Miss Peregrine’s Home for Peculiar Children,” a fantasy novel from author Ransom Riggs.

The project hit all the studios Monday but insiders say that 20th Century Fox has already made a big pre-emptive bid for the project, with more likely to follow on Tuesday.

The book doesn’t hit stores until June 7 but it’s already drawing movie buzz, with studio executives hailing its combination of super powers, dark humor, spooky tone and heart.

The story centers on a boy who grows up enraptured by his grandfather’s tale of an island of monsters and kids with powers. When his grandfather is killed, the now-16-year old boy finds himself on the island, exploring the ruins of an abandoned orphanage and discovering that the stories he heard were not only true, but only he can help stop the remaining hidden children - living in a time loop - from creatures who would destroy them.

The book comes with creepy black-and-white photographs of some of the kids that help tell the story.

Riggs is no stranger to Hollywood. While the Florida-raised author studied English literature at Kenyon College, he attended USC film school. He now mixes his time writing books, a blog and shooting short films.

Editing by Zorianna Kit

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