Condor has picked up worldwide rights to the $6m-7m project about a children's stuffed toy that comes to life to teach its young owner timely lessons about life. The film is expected to be ready for delivery by summer 2008.
Coltrane provides the voice of the eponymous toy, while Levy will play the child's schoolteacher and James David Elliot plays the boy's father. Newcomer Mathew Knight plays the boy.
Wilson Coneybeare directs from his own screenplay and is producing. PorchLight's president of worldwide distribution Ken DuBow brokered the deal with Coneybeare.
'Gooby is where Harvey meets Harry And The Hendersons,' DuBow said. 'It's not only an endearing film for children, but a film that will amuse and perhaps even enlighten their parents as well.'
'This film is like the little engine that could,' Coneybeare added. 'We have no government subsidies: this film is privately financed and independently produced.
'After five years of planning and pulling together all the elements, while simultaneously running Coneybeare Stories Inc, it's truly a dream come true for me to see this project come to life. The icing on the cake is that in PorchLight Entertainment we have a partner that's a perfect fit.'
The Condor Releasing team will introduce the title to buyers at AFM, along with recent acquisitions Aqua Teen Hunger Force Colon Movie Film For Theaters and Towards Darkness.