Last Friday, Publisher’s Marketplace reported in their e-newsletter that Riverhead, a Penguin subsidiary that had contracted with James Frey to write two more books, is having second thoughts: “The ground has shifted. It’s under discussion.”

Today, Publishers Lunch says that a movie deal based on “A Million Little Pieces” is also in jeopardy:

Warner Bros. President Alan Horn said Friday “We’re reevaluating our position on what to do” about the planned film adaptation of James Frey’s A MILLION LITTLE PIECES.

The LA Times says Frey received a $125,000 option and another $150,000 to write the screenplay, and would be due $425,000 if the movie gets made. Warner’s had been planning on shooting the film this spring.

Hmmmm. I guess Frey’s happy ending isn’t so real, either . . .