"Celluloid Dreams has optioned the rights to Philip K. Dick's 1969 novel Ubik.
A metaphysical comic nightmare on death and salvation, Ubik was heralded as one of the 100 greatest English-language novels by Time magazine.
The film will be produced by Hengameh Panahi of Celluloid Dreams and Isa Dick Hackett, the author's daughter, of Electric Shepherd Prods. It is skedded to go into production in early 2009.
"Our dad very much wanted this novel to be reimagined in this way and we are happy to be partnering with Celluloid Dreams, whose overall vision and appreciation of the material is consistent with our own," said Dick Hackett."
Hold onto your brightly colored engineer's hats Dick-heads. Can you imagine the deluge of PKD articles that will spew forth from the MSM's (mainstream media's) PKD-article machine when Ubik drops?
Update: The estate has posted a press release (which is obviously where the Variety article was cribbed from) and therein lies some additional info on Celluloid Dreams:
"Celluloid Dreams was founded by its President, Hengameh Panahi in 1993. The organization is a totally independent production company and international sales agent based in Paris and London, specializing in finding, nurturing, promoting and distributing award-winning films created by first class talented directors from all over the world. Recent Celluloid productions include; Garth Jennings’ Son Of Rambow, Michael Haneke’s Funny Games US, and is currently in production with Julie Delpy’s The Countess, Wash Westmoreland and Richard Glatzer’s Hello Darkness and Marco Bellocchio’s Vincere among others."