2 for 1 tickets to Singin' In The Rain, this coming Monday. Book now
Harvey Weinstein, head of Miramax films, is understood to be investing £50m in the film based on How to Lose Friends and Alienate People. It will see Young — famously short and bald — being played by Hollywood pin-up Jake Gyllenhaal, best known for The Day After Tomorrow and Donnie Darko.
Weinstein believes the film could match the success of Bridget Jones’s Diary, based on the book by Helen Fielding.
“They are both very definitely on similar lines and they are both distributed by Miramax, so I suppose you could call me Midget Jones,” said Young, who is 5ft 8in.
The story is based on Young’s two-year stint as contributing editor of Vanity Fair, the American magazine, in the late 1990s and his repeated unsuccessful attempts to seduce women from his glamorous New York circle of friends.
His brushes with modern American political correctness are painfully recounted. On one occasion he arranged for a female stripper to perform in the building not realising that it was Bring Your Daughter to Work Day in the office.
Young, 40, the son of the late Lord Young, the creator of the Open University, is now back in England as the drama critic of The Spectator. He says he hopes his film will be a little more successful than his editing career in the US.
He lives in London with his English wife, lawyer Caroline Bondi, and their baby daughter, and is currently playing himself in a stage version of the book at London’s Arts Theatre. He says he is “flattered” that Gyllenhaal is being lined up for the film.
“Anyone who hasn’t met me and then sees the film will be very disappointed when they find out what I look like,” added the writer once described as a “bald homunculus” by Peter York, the style critic who bankrolled the Modern Review, which Young edited for four years before his stint on Vanity Fair. “It is the most flattering piece of casting since Colin Firth played Nick Hornby in the film version of Fever Pitch.”
Those being considered for the part of Young’s wife — whom he met in America — include the British Hollywood actresses Catherine Zeta-Jones and Kate Beckinsale. Tracey Ullman is being tipped for the part of Tina Brown, a former editor of Vanity Fair and a long-standing bête noire of Young.
However, perhaps most attention will be on the casting of Graydon Carter, Young’s fearsome former boss at Vanity Fair who fired him. Their feud appears to be simmering still. Only last week Carter described Young as “the most asinine person” he had met.
Enjoy screenings of all the classic films you love, plus take advantage of two-for-one tickets
Have you ever dreamed of owning your own racehorse or a beautiful painting?
Enjoy comfort, safety, space and great design. Plus enter our great competition
Times Online's new TV show helps you make the right decisions for your pet
Are you California dreaming? Explore the wonders of the Golden State. Also enter our fantastic competition
Do you have what it takes to be a Times photographer?
Your brain is capable of more than you might think...
Find out to make the most of your money with our wealth management guides
Need help with your property? We have an entire how to guide - buying, selling, letting, moving, to help you
We are seeking entries for the inaugural Sunday Times Best Green Companies Awards
Enjoy some wonderful inspiring wildlife moments
An interactive preview of the brand new For Your Eyes Only exhibition

Love Sudoku? Play our brand new interactive game: with added functionality and daily prizes

Are you irritable when you return from work? Drained of emotion? You could be suffering from boreout
Prepare for some shock and awe, petrol lovers. Despite the greens trying to wipe it out, the car is about to offer us the most exciting year ever
We've trawled the brochures and websites to find this summer’s best holidays for every taste and budget

Overseas contacts and local business information

Everything you need to know, own or do

Direct from the farms
2007/07
£57,500
South East England
2007/07
£40,995
South East England
2006/06
£41,995
South East England
Great car insurance deals online
£40-55k+benefits+uncapped commission
Morgan Keating
South East
Up to £30,000
GLE
London
£
c£75,000 + executive benefits
Morgan Keating
London and South
Unpaid with travel expenses
Network Rail
Globrix, the property search engine
Visit Times Online Property for homes for sale or rent
Residential development site with planning permission
£1,500,000
Mortgages, bank accounts & money transfers to help you buy abroad
Dinarobin Hotel Golf & Spa 7 nights
From £1830 per person – saving £530.
Walking & multi-activity holidays in Cauterets. Stylish self-catering apartments.
From 350€ for 7 nights.
SAVE 25% on Sandals Luxury Resorts
Great travel insurance deals online
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times. Search globrix.com to buy or rent UK property.
© Copyright 2008 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.