Sony Offers $5M For Erotic “Shades”

Sony Pictures has made a considerable $5 million offer for the film rights to the erotic E.L. James book “Fifty Shades of Grey” says Variety.

The book began as a posting on a fan-fiction website before becoming a word-of-mouth eBook hit that scored a major reprint deal with Random House imprint Vintage. James, the author, is a former TV executive and mother of two from London.

The sexually-explicit story follows 27-year-old billionaire Christian Grey and 22-year-old virgin college student Anastasia Steele, who develop a relationship steeped in bondage, S&M, domination and submission. The novel is the first in a trilogy.

Though the likes of Paramount and Fox Searchlight are also vying for the property, Sony’s Amy Pascal is said to be determined to land the film. James is currently weighing all offers with a decision expected shortly.