Movel? Splay? Suggesting a new literary form

What would a new literary form, based on the screenplay, be called? A novie? movel? I rather like splay, the shorthand for screenplay, because I like the image of opening up, covering a lot with a little, which is exactly what this storytelling form does. It is our most efficient narrative form.

I think the format would have to be changed a bit. Less jargon without sacrificing the form's concise nature.

For example, instead of EXT. FIELD - DAY one might write, IN A FIELD. DAY.

INT. APARTMENT - BEDROOM - NIGHT becomes IN THE BEDROOM, ANNIE'S APARTMENT, NIGHT.

With such minor changes, the screenplay becomes easily intelligible to a general audience, most of whom have never seen a screenplay before.

I'd also change the format of dialogue, to match fiction. He says, or he said etc. But I definitely would keep the verticality of the form, the white space that keeps it from looking text dense and sets it off from prose.

The more I think about it, the more I think the time is right for this new, or almost new, literary form, "the splay," a screenplay adapted for a general reading public. I'd really run with this idea if I were in my 20s or 30s. I hope someone does. This is the perfect storytelling form for our impatient times and for electronic readers.

Somebody can get rich on this idea. Just send me a 10% consulting fee.