Paramount Pictures and MTV Films are picking up film rights to the property. Christopher Landon will adapt the book for the screen.
Ellen Goldsmith-Vein and Lindsay Williams are producing along with Jodi Zuckerman and Tish Cyrus of Hope Town Entertainment and Steven Schneider and Jason Blum.
Says BIZ, Wake is the first of three novels written by McMann about a 17-year-old girl named Janie with the unwanted ability to become sucked into people's dreams. When she gets pulled into a terrible nightmare, Janie dangerously goes from mere witness to participant.
Paramount and MTV Films are taking rights to the entire book series with a view to a franchise.
Cyrus' ultimate commitment to Wake rests on the finished script.