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Fox Searchlight is in advanced negotiations to make the film about the legendary punk band, reports ABC News.
The movie is said to be based on upcoming book I Slept with Joey Ramone, which was written by frontman Joey's brother Mickey Leigh and music journalist Legs McNeil.
The project has apparently been in the works since 2006, when producer Rory Rosegarten originally bought the rights to the book.
Rosegarten also negotiated a deal with Joey's mother and executor of his estate Charlotte Lesher, which would allow him to use the group's music in the biopic.
The Ramones were previously the subject of acclaimed 2003 documentary End of the Century.
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