U sets sights on 'Sightings'
Larger Than Life finds kiddie pic
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Ross will produce and DeBlois exec produce.
Live-action project follows a group of kids who discover something never seen by man before while exploring coves and inlets in the Florida Keys.
Larger Than Life, which is based at U, is also producing "The Tale of Despereaux" and "Creature From the Black Lagoon" for the studio. Overseeing "Sightings" at U is veep Jeffrey Kirschenbaum.
