Columbia Pictures has acquired the screen rights to a play that is based on the big Enron scandal. The play was written by Lucy Prebble who will also write the movie script, that dramatizes the rise and fall of the Texas energy company.
The play seems to be running strong. It premiered at Britain's Chichester Festival Theater in July and transferred to London's Royal Court last week. It completes a sold-out run in November and moves to Broadway in spring.
The play is a story of greed and fraudulent accounting practices that transformed Enron into a powerhouse that at one time employed 22,000 people and reported $111 billion in revenues before its fall.
The story of Enron is pretty fascinating and there have been some great documentaries on what happened, but now it looks like we are going to get a feature film.