Fans of "Fifty Shades of Grey" rejoice! The movie version has a release date!

According to producer Dana Brunetti, the big-screen adaptation of E.L. James' popular S&M novel will be unveiled on August 1, 2014. Sam Taylor-Johnson ("Nowhere Boy") will direct the film from a script by Kelly Marcel. 

"Fifty Shades of Grey" will be a trilogy of films focusing on the erotic love story between college graduate, Anastasia Steele, and young entrepreneur Christian Grey. Focus Features and Universal Pictures are jointly producing the adaptation.