In a strange, and yet utterly divine, coincidence I have spoken about both Gus Van Sant and Bret Easton Ellis. Today came news that the two are collaborating on a screenplay about suicidal artists.
I actually thought while watching Less Than Zero that if it were to be remade today that Van Sant would be a perfect director. The disillusioned youth "thing" would be ideal for Van Sant, even if he has been down that road many a time. Unfortunately, it appears that he won't be directing the film, but merely co-writing it with Ellis. I haven't seen Ellis' only work as screenwriter, The Informers, but I've heard it's bad.
Here's hoping it combines the greatness of both into something even greater.