Studios Vie For “Fifty” Erotic Fanfic

Various studios are reportedly in discussions for the film rights to the erotic E.L. James book “Fifty Shades of Grey” says The Hollywood Reporter.

The book began as a Twilight-inspired 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.

Paramount, Universal, Warner Bros. and Fox 2000 among others are all interested in the sexually-explicit story about 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.

An auction of film rights for the hot property will be conducted next week after various meetings take place.