Need for Speed movie coming from DreamWorks

Electronic Arts and DreamWorks have announced that the film rights for the Need for Speed franchise have been acquired by DreamWorks. The film will be written by George Gatins based on an original story by him and his brother Johns. John Gatins previously wrote Real Steel, while George was an executive producer on the comedy She's Out of My League.

"I'm excited about getting back into the creative trenches with John and George Gatins and my partners at EA to bring to life an exhilarating script based on an epic video game that seems to have been made for the movies," said Steven Spielberg, DreamWorks Chairman. "This is a big piece of business for DreamWorks and we are grateful to Frank Gibeau, Pat O'Brien, Kevin Maher and John and George for choosing us to deliver their goods."

"We are thrilled to be in business with our friends Steven Spielberg, Stacey Snider and the entire DreamWorks team," said Frank Gibeau, President of EA Labels. "They are the perfect partner to take Need for Speed to the big screen by creating the exciting action film that we have always envisioned."

EA will produce the film alongside John Gatins and Mark Sourian. Act of Valor director Scott Waugh is attached to direct, with a planned 2014 release date.