The package includes the life rights of Tyler Hamilton, the former professional bike racer who was in Armstrong’s inner circle on the US Postal Service Team. Hamilton was one of the first insiders to testify under oath, and he came forward publicly on "60 Minutes." Michael Radutzky, an executive producer at CBS News and senior producer for "60 Minutes," is also in talks to produce.
Warner Bros. is also negotiating to acquire confidential rights of other key individuals close to the doping scandal.
Meanwhile Paramount Pictures and Bad Robot partners JJ Abrams and Bryn Burk also want the story. Just before Armstrong's infamous interview with Oprah, Paramount announced plans for a picture based on an upcoming book by New York Times sports writer Juliet Macur, "Cycle of Lies: The Fall of Lance Armstrong."
She covered Armstrong for over a decade, from his recovery from near-fatal testicular cancer to winning seven Tour de France titles. "Silver Linings Playbook" star Bradley Cooper is reportedly in talks with JJ Abrams to play Lance Armstrong.
Notable deaths of 2014 [PHOTOS]