Here's a lit manager's assessment of the spec screenplay sales market over the last six months. Please keep in mind, these are just the numbers for the scripts that got sent out by the various major agencies & management companies in town. It doesn't account for how many actual writing clients each of these companies rep that they AREN'T sending out, let alone the scores of writers represented by smaller companies, and the multitude of unrepresented screenwriters. And that's just here in L.A.
In short, the odds are VERY long for selling a completely original screenplay to a studio.
This is why I've become a big advocate of independent film. Don't wait for Warner Bros. or Sony to give you permission. There's more money out there than studio money. We all just need to retrain ourselves to sniff it out.
Write it. Shoot it. Screen it.
Repeat.
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