Fakebook / Hatching Twitter

Social media is trending in Hollywood, apparently. Lionsgate TV has just acquired the rights to Nick Bilton‘s Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal, about the drama-filled founding of the company. You can think of it as a small-screen, Twitter-based version of The Social Network, though producer Allison Shearmur prefers you don’t: “This series will be different,” she promised.

Meanwhile, Ineffable Pictures is putting an actual Facebook movie in the works, though this one is about a Facebook user, not its founder. Based on Dave Cicirelli‘s memoir Fakebook: A True Story Based on Actual Lies, it’ll follow a guy who reinvents himself on the network by posting wild, and entirely false, tales of his adventures. More about both projects after the jump.

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