The reason I thought it was a Twitter joke is that Brad Caleb Kane announced via 140 characters that he was penning the script. "It'll be like the old '80s Amblin movies: Goonies, Young Sherlock ... in that vein." The Tweet was subsequently deleted, though the plan is still in the works. DreamWorks really wants to make a family friendly film out of the ViewMaster, and is trying to get everything signed and official. Let's stress that -- it's not signed, and Kurtzman and Orci seem to be the deciding factor. One can hope that if they declare it to be ridiculous, DreamWorks will come to its senses and realize you cannot make a film out of an inanimate object. I mean hey, I loved the ViewMaster too, and I felt like I was transported into a magic film cell world, but it doesn't mean it can actually be a movie.
Besides, the ViewMaster already tried to make it onscreen in the 1980s, and failed. Go below the jump and remind the toy it's just not ready to be a feature after this performance.