Paramount Studios and Jj Abrams' own production company, Bad Robot, have snapped up the rights to the tell-all Lance Armstrong book Cycle of Lies, the forthcoming account of Armstrong's meteoric rise, and catastrophic fall by New York Times reporter Juliet Macur, The Hollywood Report has announced.

Following Armstrong's interview with Oprah Winfrey, in which he admitted for the first time that he had used performance enhancing drugs during his time as a professional cyclist, it seems the world is caught up in Lance Armstrong-mania once again and Macur's yet to be published account of Armstrong's career is already in the developing stages to become a movie. The book itself details the major events of the disgraced cyclist's life, from his recovery from cancer and subsequent domination of cycling in which he won his record seven Tour de France victories, before then going on to explain the inquiries into his use of performance enhancing drugs.

The book itself wont be released until the summer, with publisher HarperCollins revealing that it plans on having the book released by June. The publishers signed up Macur back in November last year, with the journalist having written extensively on Armstrong's ups and down for the New York Times over the years.

Last year, two separate accounts into Armstrong's life were in the pipeline but were ultimately left on the shelf. No details in to when the movie adaptation can be expected have been released by Paramount or Bad Robot.