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Universal passes on McG’s Ouija project

Universal has passed on the Michael Bay-produced/McG-directed adaptation of the magical board game Ouija. Vulture reports that Bay and McG will be shopping the property to other studios:

Insiders say that Bay and McG are taking meetings with other studios next week to drum up interest. (Paramount Pictures, with whom producer Bay has an obvious longstanding relationship from directing Hasbro’s Transformers franchise, is said to have passed on taking over the project.) However, it’s not inconceivable that if another studio were to come aboard, a newly cost-conscious Universal might be less spooked by its considerable budget and stay on as a co-financier.