Jay Roach To Throw 'Party'

Jay Roach ("Austin Powers In Goldmember") will direct, and the script is being written by Jim Herzfeld, who co-wrote the Roach-directed "Meet the Parents." Herzfeld will be paid seven figures to script, and Roach is likely to produce as well.

The original starred Peter Sellers as an accident-prone Indian actor who is mistakenly invited to an A-list Hollywood party. He becomes a true party crasher, as his clumsiness leads to the destruction of everything in sight.

Owned by MGM, the picture becomes another Sellers films on the studio's redo list, along with "The Pink Panther."

"Sex and the City" creator Darren Star will produce with Priscilla Presley, and DreamWorks production chiefs Walter Parkes and Laurie MacDonald.