'Tis true.
From a piece on Deadline New York...
After a spirited auction, DreamWorks Animation has acquired rights to make a feature out of Captain Underpants, the popular 8-volume book series by Dav Pilkey. DreamWorks Animation wasn’t the only bidder, but won the title this morning.
The books revolve around a couple of precocious fourth graders named George Beard and Harold Hutchins. Looking to get back at nasty, student-hating principal Mr. Benny Krupp, the boys hypnotize the principal and cause him to become Captain Underpants. He’s a superhero who is nice and helpful to children and manages to get into all kinds of misadventures with the fourth graders shadowing him to make sure he doesn’t get hurt. The principal has no recollection of his heroics when he returns to normal. Pikey has completed eight volumes with a ninth in the works, Captain Underpants and the Terrifying Return of Tippy Tinkletrousers. Scholastic publishes the books.
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