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Hollywood is always on the lookout for the next big teen franchise, which could explain the bidding war over 'Heist Society,' the first in a series of young adult thriller novels by Ally Carter.

According to a report in The Hollywood Reporter, Warner Bros. beat out Disney, Paramount and Summit Entertainment to buy the rights to the book, described as "The Thomas Crown Affair" with teens.< Hollywood is always on the lookout for the next big teen franchise, which could explain the bidding war over 'Heist Society,' the first in a series of young adult thriller novels by Ally Carter.

According to a report in The Hollywood Reporter, Warner Bros. beat out Disney, Paramount and Summit Entertainment to buy the rights to the book, described as "The Thomas Crown Affair" with teens.

"Heist Society," which hits stores next week, revolves around Kat, the daughter of family of cat burglars and thieves. Though she wants to leave her illicit life behind, she's called back to action when her father is the prime suspect in the theft of a missing art collection. Kat assembles a crew to track down the art and steal it back.

Carter is the author of three teen novels about the Gallagher Academy, a top-secret boarding school for girls who are spies-in-training (Disney has the rights to the first in that series). In 'Heist Society,' the girl also is in her teens, but the studio will up her age into the early 20s for the big screen.

Shauna Cross ('Whip It!') is attached to write the screenplay with Denise Di Novi ('The Sisterhood of the Traveling Pants') producing.