After years of allegations and subsequent denials, seven-time Tour de France winner Lance Armstrong admitted he used performance-enhancing drugs in a much-publicized interview with Oprah Winfrey last night. Today, we have word that Paramount Pictures and Bad Robot have acquired the screen rights to Cycle of Lies: The Fall of Lance Armstrong, the title of Juliet Macur's book proposal that was just acquired by publisher HarperCollins. J.J. Abrams and Bryan Burk are producing for Bad Robot. No screenwriter has been set to adapt the material as of yet.

Juliet Macur is a sports journalist for The New York Times who has covered Lance Armstrong for more than a decade, following his recovery from testicular cancer to capture a record seven Tour de France titles. The writer also covered the cyclists vehement denials regarding his use of performance-enhancing drugs, before he finally came clean last night.

We reported in June 2009 that Columbia Pictures was developing an Untitled Lance Armstrong Biopic, with Gary Ross writing the screenplay adaptation based on Lance Armstrong's 2000 book It's Not About the Bike. Nothing has happened with the project since then, although it will be interesting to see if Columbia tries to revive the biopic after Lance Armstrong has set the record straight.