Sofia Coppola's Bling Ring Film In Development: Report

Sofia Coppola, Academy Award winning director and daughter of Francis Ford Coppola, is taking a stab at Hollywood's notorious Bling Ring burglaries, reports TMZ.

The celebrity gossip column announced: "Coppola is developing a film based on the infamous Burglar Bunch. We're told the film, which would be produced by daddy Francis' Zoetrope studio, does not have a start date or even a script yet."

Director Sofia Coppola is no stranger to controversial stories. She's covered the 15-year-old Queen of France in "Marie Antoinette", an empty-hearted movie star's friendship with a newlywed stranger in "Lost In Translation", Jeffrey Eugenides' dream-like high-school suicide fantasyland in "The Virgin Suicides" and the depressed halls of the iconic Chateau Marmont through an Eloise-like tale in "Somewhere." We can't think of anyone better to tackle what Vanity Fair's Nancy Jo Sales calls, "The most audacious burglary range in recent Hollywood history."

The Bling Ring comprises Rachel Lee, Nick Prugo, Alexis Neiers, Diana Tamayo, Courtney Ames, Johnny Ajar and Roy Lopez Jr. -- a group of wealthy Calabasas kids motivated by celebrity-worship, fame, fashion, and obsession. They robbed the homes of Paris Hilton, Audrina Patridge, Rachel Bilson, Orlando Bloom, Miranda Kerr, Brian Austin Green, Megan Fox and Lindsay Lohan.

The group stole more than $3 million dollars worth of high-end possessions from designer labels like Chanel, Gucci, Burberry, Marc Jacobs, Cartier and Tiffany.

Coppola better step on it, though. The director does have a little friendly competition in Dick Clark Productions. He has already adapted the story for the film in "The Bling Ring," set to be released on DVD in February 2012.