New Regency goes deep into their pockets to procure “Medieval”, a spec script from Endeavor-repped writers Alex Litvak and Michael Finch:

While Regency or Fox, with whom Regency has a distribution deal, would not comment on the sales figure, sources say it was $800,000 against $1.6 million, a colossal payday not seen in some time in the spec market.

The script’s story line plays like “The Dirty Dozen” in the age of castles, plagues and serfs, which the studio hopes to spin as a hyper-realistic action movie in the vein of “300.”

After a slow February, the spec market seems to be heating up. And 800K / 1.6M are extremely nice numbers.