Paramount prepping new Godfather films?

From moviehole.net:

Thanks to the success of the book “The Godfather Returns”--and the newly commissioned “The Godfather’s Revenge” – Paramount have decided to try and transfer those literary beauties to the big screen. Though the studio snapped up the rights to the books--both written by Mark Winegardner--quite a few months back, it's only this month that “Returns and Revenge films seem to have been ramped up to active-development status--meaning they’ll probably get underway within the next year” a rat within the ranks at the studios, tells Moviehole.

Read all about it here.