Paramount Pictures has picked up the rights to The Rolling Stones documentary from Martin Scorsese.

The long awaited film has already gotten underway with Scorsese shooting last Sunday's birthday bash for President Clinton at New York's Beacon Theatre; he'll be back to shoot again for tonight's show. According to The Hollywood Reporter, the film will focus on the two concerts from the group's current 'A Bigger Bang' tour as well as historical and contemporary behind-the-scenes footage and interviews. The camera team expects to film more than half a million feet of film at the Beacon, using additional Hi Def, DV Cam, 16mm and 8mm cameras to shoot behind-the-scenes footage.

Paramount plans to release The Rolling Stones documentary in late 2007.