Hulu is Developing an Adaptation of Bret Easton Ellis' LESS THAN ZERO

Hulu has announced that they will be developing an adaptation of Bret Easton Ellis' 1985 novel Less Than Zero. This is another project that will dive into the 1980s Hollywood trend as the story is set in the early 80s, but this is a very dramatic and powerful story. It's not the kind of film you get nostalgic over. The project is being written by Craig Wright (Greenleaf) and if you're not familiar with the story, here's a description that was released:

Set in Los Angeles in the early 1980’s, Less than Zero has become a timeless classic. This coolly mesmerizing novel is a raw, powerful portrait of a lost generation who have experienced sex, drugs, and disaffection at too early an age. They live in a world shaped by casual nihilism, passivity, and too much money in a place devoid of feeling or hope.

Clay comes home for Christmas vacation from his Eastern college and re-enters a landscape of limitless privilege and absolute moral entropy, where everyone drives Porches, dines at Spago, and snorts mountains of cocaine. He tries to renew feelings for his girlfriend, Blair, and for his best friend from high school, Julian, who is careening into hustling and heroin. Clay’s holiday turns into a dizzying spiral of desperation that takes him through the relentless parties in glitzy mansions, seedy bars, and underground rock clubs and also into the seamy world of L.A. after dark.

Less Than Zero was previously adapted as a 1987 film, and it starred Robert Downey Jr., James Spader, Jami Gertz and Andrew McCarthy. It was a great film but depressing as hell. That's just the kind of story it is, but it's a great story.