After MGM 's option expired , Woods considered making a movie version through a production company of his own .
In 1938 RKO Pictures bought the rights for $10,000 , a fee split between Woods and Rand .
After MGM 's option expired , Woods considered making a movie version through a production company of his own , but in 1938 RKO Pictures bought the rights for $10,000 , a fee split between Woods and Rand .