Another popular series of children’s books has just been purchased for adaptation and this one features an old man walking around in his underwear. On Wednesday, DreamWorks Animation won a bidding war for the rights to the Scholastic book series Captain Underpants by Dav Pilkey. The eight book series is about two fourth graders who hypnotize their evil principal into becoming a superhero named Captain Underpants however, being as he has no superpowers, the boys have to stealthy follow him around to make sure he doesn’t get into trouble. The series is critically acclaimed, a best-seller, and has been on Hollywood wishlists for over a decade but Pilkey didn’t want to sell the rights until now. There’s more after the break. Read More »

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