Liam Gallagher has reportedly bough the screen rights to a drug-addled book about The Beatles.

Richard DiLello’s verbosely titled 1972 memoir 'The Longest Cocktail Party: An Insider’s Diary Of The Beatles, Their Million Dollar Apple Empire And Its Wild Rise And Fall' follows his time as a “house hippie” with The Beatles as a press officer at Apple.

A fan of the book, according to the Daily Mail Liam is currently developing the film set in late 1960s London.

It's claimed that Liam and his partners Revolution Films will formerly launch the project at Cannes Film Festival in France next week.

Still in its foetal stages, Gallagher and co. are apparently still looking for a director and screenwriter while casting won't begin until the end of 2010 at the very earliest.

Tantalisingly, ahem, The Daily Mail claims: “If it all comes together, (the movie is) going to be a scorcher.”

(Gigwise)