“Little White Corvette”  — Action/comedy screenplay by Michael Diliberti reportedly sold in a deal worth a cool million bucks to GK Films. It’s about money-strapped siblings who set out to peddle a load of cocaine discovered in the trunk of their late father’s white corvette. Diliberti wrote the story with David Branson Smith. Script is on the Black List 2011, a collection of unproduced screenplays favored by Hollywood executives. Emma Stone is attached to star and will executive produce along with Diliberti. Both Stone and Diliberti are repped by WME. Stone is managed by Anonymous. Diliberti managed by New School Media.

“Cult”   — A mystery crime drama from sci-fi writer/producer, Rockne S. O’Bannon, has been greenlighted by the CW Network. TV series revolves around an inquisitive female production assistant on a popular TV show called “Cult,” who teams up with a journalist blogger to investigate copycat crimes which appear to be perpetrated by zealous fans of the show. In a strange twist in the deal, the CW ordered the pilot after rejecting it six years ago. O’Bannon is the creator and executive producer of the sci-fi series “Farscape.”

The Writers Guild of America has put out the rest of its list of nominees for 2012 awards. Yesterday, the WGA West and East, revealed the nominations for outstanding achievement in writing for the big screen during 2011.

ORIGINAL SCREENPLAY

50/50, Written by Will Reiser; Summit Entertainment

Bridesmaids, Written by Annie Mumolo & Kristen Wiig; Universal Pictures

Midnight in Paris, Written by Woody Allen; Sony Pictures Classics

Win Win, Screenplay by Tom McCarthy; Story by Tom McCarthy & Joe Tiboni; Fox Searchlight

Young Adult, Written by Diablo Cody; Paramount Pictures

ADAPTED SCREENPLAY

The Descendants, Screenplay by Alexander Payne and Nat Faxon & Jim Rash; Based on the novel by Kaui Hart Hemming; Fox Searchlight

The Girl with the Dragon Tattoo, Screenplay by Steven Zaillian; Based on the novel by Stieg Larsson, originally published by Norstedts; Columbia Pictures

The Help, Screenplay by Tate Taylor; Based on the novel by Kathryn Stockett; DreamWorks Pictures

Hugo, Screenplay by John Logan; Based on the book The Invention of Hugo Cabret by Brian Selznick; Paramount Pictures

Moneyball, Screenplay by Steven Zaillian and Aaron Sorkin; Story by Stan Chervin; Based on the book by Michael Lewis; Columbia Pictures

DOCUMENTARY SCREENPLAY

Better This World, Written by Katie Galloway & Kelly Duane de la Vega; Loteria Films

If a Tree Falls: A Story of the Earth Liberation Front, Written by Marshall Curry and Matthew Hamachek; Oscilloscope Pictures

Nostalgia for the Light, Written by Patricio Guzmán; Icarus Films

Pina, Screenplay by Wim Wenders; Sundance Selects

Position Among the Stars, Script by Hetty Naaijkens-Retel Helmrich, Leonard Retel Helmrich; HBO Documentary Films

Senna, Written by Manish Pandey; Producers Distribution Agency

The winners will be honored on Sunday, February 19, 2012, during simultaneous ceremonies in Hollywood and New York.