Way back in the 1970s, clever Washington Post employees named Woodward and Bernstein's Watergate tipster after the hip porn flick that all the cool kids were going to see - thus "Deep Throat" was born. And now, though it's probably a safe bet that it will not be named after its central character, a movie about Mark Felt (recently reveal to be THE Deep Throat) is in the works. The film will be written by the largely untested (in his day job he writes for the New York Times Magazine, but has recently begun penning films as well) Peter Landesman and directed by Jay Roach, whose able direction of all three Austin Powers movies surely qualifies him to undertake this project.

Shortly after Felt told his story to Vanity Fair, Playtone - Tom Hanks' production house - acquired the life rights to both Felt and his family (wow, that's a creepy phrase) and a memoir written by Felt in 1979; Playtone will be producing the film for Universal. Obviously, then, the movie will focus more on Felt's "motivations and the weight of keeping [his] secret" than it will the facts of Watergate. Which is probably good thinking, since All the President's Men already did the latter pretty much to perfection.