Will co-write the story with Andrew Durham…

It has been announced that American Zoetrope has acquired the motion picture rights for Alysia Abbott’s critically acclaimed memoir, ‘Fairyland: A Memoir of My Father,’ with Sofia Coppola (‘The Bling Ring,’ ‘Lost in Translation’) and regular collaborator Andrew Durham penning the screenplay.

Released earlier this year, the book is a coming-of-age story set against the backdrop of San Francisco’s vibrant cultural scene in the 1970s and ’80s, both before and after the AIDS epidemic, a crisis that would later claim the life of Abbott’s father, Steve Abbott, a widowed poet and gay activist.

“I love the book ‘Fairyland;’ it’s a sweet and unique love story of a girl and her dad, both growing up together in 1970′s San Francisco,” Coppola said. “I think it will make an engaging and touching movie on a subject I’ve never seen before.”

“I’m delighted that Sofia Coppola and Zoetrope are going to create the film version of ‘Fairyland.’ Sofia’s understanding of the feminine perspective and the artistic vision that she shares with Andrew Durham make them ideal partners to make this movie. I could not be happier,” said Abbott in a statement.

Coppola will also take a producer’s credit, producing alongside her brother, Roman Coppola (‘Moonrise Kingdom,’ ‘The Darjeeling Limited’).