Hangover director Todd Philips's production company has optioned the rights to Guy Lawson's recent Rolling Stone feature "Arms and the Dudes," about two stoners who become weapons dealers and win a $300 million contract to arm America's allies in Afghanistan. Shooting will begin right after Crystal the monkey completes basic firearms training. Grade: B. [Variety]

He made Bradley Cooper look smart in Limitless this year, so it's hard to fault director Neil Burger for taking it comparatively easy with his next movie: He's in talks to remake the 1967 classic Bonnie and Clyde. Burger's de-glamorized update — which will be written by Up in the Air's Sheldon Turner — would portray the bank robbers as younger than in the original film (they were in their early twenties when they got gunned down by cops) and draw from Jeff Gunn's recent book Go Down Together: The True, Untold Story of Bonnie and Clyde, in which we learn that Bonnie was a former prostitute and Clyde was sodomized in prison. Are you thinking what I'm thinking? Grade: B- [Deadline]

Posted at 9:00 AM