Here's a look at what's buzzing in the book world:

From Ellroy to Franco: James Franco revealed to MTV at Sundance that he plans to direct and act in a movie adaptation of James Ellroy's 1995 novel American Tabloid, about government agents who become involved in the assassination of John F. Kennedy.

Mantel on stage: The Royal Shakespeare Company will adapt Hilary Mantel's Man Booker Prize-winning novels Wolf Hall and Bring Up the Bodies for stage, to be performed this winter season, The Bookseller reports.

Twitterature: Bret Easton Ellis may not be working on a new novel, but Variety's Vanessa Grigoriadis makes the case that Ellis' often incendiary 140-character tweets are an art form of their own, likening them to Beat poetry.

Library study: Books and publishing are changing, and with it, so is the use of libraries. A Pew survey found that 77% of Americans said access to computers and the Internet at the library was a "very important" service, The New York Times reports.

Orwell on the radio: For the first time, a two-part radio dramatization of George Orwell's classic 1984 will be performed on BBC Radio, the news source where Orwell worked nearly 70 years ago.

Millions of e-books: Book and literary site The Millions has begun publishing e-books, debuting with the long essay "Epic Fail: Bad Art, Viral Fame and the History of the Worst Thing Ever" by Mark O'Connell.