09/04/2013 by Tatiana Siegel | The Hollywood Reporter
Paramount Pictures is set to reteam with Michael Bay’s Platinum Dunes and writers Jason Pagan and Andrew Stark on the high-concept handheld-camera thriller Raindrop. The studio, which recently wrapped production on Pagan and Stark’s $13 million thriller Almanac, nabbed the Raindrop pitch pre-emptively. The project is described as a sci-fi thriller with a teenage protagonist that will employ innovative handheld camera work similar to that seen in the Dean Israelite-helmed Almanac, which also was produced by Platinum Dunes and will be released by Paramount on Feb. 28, 2014. Almanac follows in a string of low-budget handheld-camera films, including the Paranormal Activity franchise, that has become a hallmark of Paramount president Adam Goodman’s tenure. Plot details on Raindrop are being kept under wraps, but insiders say it is being envisioned with a slightly higher budget than that of Almanac. Bay is producing Raindrop via his first-look deal with the studio. Pagan and Stark are repped by WME, manager Trevor Engelson at Underground and attorney Andrew Hurwitz.