OC, Chuck and Gossip Girl creator Josh Schwartz has spoken to Variety about his plans for a new film adaptation of Jay McInerney‘s novel Bright Lights, Big City. The novel is a hip, wry and moral tale of night-life excess, featuring a 24-year old fact checker with literary ambitions and a taste for nose candy. The 1988 film version was scripted by McInerney himself and was the last film directed by James Bridges. That pretty good pedigree did lead to a pretty good film. Can the not-so-exciting Schwartz beat the odds and deliver a better picture? Here’s hoping.

One of Schwartz’ big decisions will be to either leave the film set in the 80s or drag it up to date (or, I dunno, he might decide to set it in the 70s or 90s or 1740s, but I don’t think any such thing is likely, interesting as it might be). So far, he says, he’s undecided.

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