Miguel Arteta Helming Velocity

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Process Media (Shortbus) has bought feature rights to Dave Eggers’ novel “You Shall Know Our Velocity!” and signed Miguel Arteta (The Good Girl, Chuck and Buck) to direct.

Tim Perell is producing; Howard Gertler co-produces and Bill Mulroy executive produces.

Process has hired Wells Tower, recipient of the Paris Review Discovery Prize, to adapt. The story centers on two childhood friends who come upon a large sum of money and embark on a weeklong around-the-world journey to give it away.

Eggers’ first book, “A Heartbreaking Work of Staggering Genius,” was optioned by New Line.

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