Glorious times are ahead for the entertainment industry. According to Variety, EA is "eager to capitalize on studios seeking their own 'The Fast and the Furious'-type franchise, with the videogame publisher tapping sibling scribes George and John Gatins ('Real Steel') to adapt 'Need for Speed' into a feature."

That's sounds awesome - a Hollywood movie based on one of the crappiest video game narratives of all time. Okay, not all NFS games were awful in the story department, but the last one in the series sure as hell was.

Word is:

John Gatins and EA will produce the project. United Talent Agency, which reps EA, assembled the package whose script is being shopped around Hollywood, with Warner Bros., Sony and Paramount said to be interested in snatching film rights to the racing property, looking to offer low seven figures.

Paramount is said to be a frontrunner, but other bids are still being considered. Universal is the only major not vying for the project, given that it already has "Fast and the Furious," whose sixth installment starts lensing later this year. Plot details are being kept under wraps.

Good God, no!