Oscar’s tribute to John Hughes last night was one of the show’s highlights, if for nothing else than its aggregation of grown-up child actors. Macaulay Culkin talked about the director’s gift for working with young talent, Matthew Broderick confirmed that he’s still known chiefly for Ferris, and Judd Nelson, as ever, looked like a douche. The Hughes legacy has proven an especially enduring one, so it shouldn’t come as a surprise that there’s interest in his unproduced screenplays.

According to The Hollywood Reporter, a draft of “Grisby’s Go Broke” has been circulating Hollywood of late. The script follows the downward spiral of a wealthy Chicago family who loses everything and moves to the sticks. Rumor was that Paramount, with whom Hughes made Ferris Bueller’s Day Off and Pretty in Pink, was already looking to buy the property, but that proved false. I’m wondering if the failure of Hughes last produced script might not be one reason. Although he went uncredited, and the script was re-written by Seth Rogen, Hughes was the man behind the odious Owen Wilson vehicle Drillbit Taylor. No one needs more of this: