Entertainment-focused brand management company Foundation Media Partners has set a first look deal with Simon & Schuster Children’s Publishing to develop and produce film and television projects mined from the giant’s expansive library spanning a century.

Foundation will focus on developing and adapting a multi-title slate from Simon & Schuster’s Little Simon Chapter Books & Graphic Novels as animated and/or live action properties for film and television.

“The creative team at Simon & Schuster are as passionate about storytelling and franchise building as we are at Foundation, and together we’re looking to create a new standard for how stories are told and experienced by young audiences,” said Foundation founder and CEO Patrick Hughes, who brokered the landmark deal. “Having access and first look rights to one of the most prominent and voluminous libraries on the planet is a rare opportunity with endless possibilities.”

Foundation VP of development and production Amy Wilson added,...