Paramount Pictures has acquired screen rights to H.I.V.E., a young-adult novel by Mark Walden that will be produced by Lynda Obst, says Variety.

The title is an acronym for the Higher Institute of Villainous Education, a venue where kids with off-the-charts criminal acumen are educated to become super-villains.

Book by the British writer is set up at Bloomsbury U.K., and the domestic and other world territorial publishing rights are being auctioned this week at the Bologna Book Fair. Book was scored by Par exec Ben Cosgrove, his first deal since leaving Section Eight to join the studio.

"Ben and I were attracted by the opportunity to turn this into a big family movie with franchise potential, one that is intricate and funny and told from an unusual vantage point," said Obst.

Cinemark Movie Club