Lionsgate Studios said on Wednesday that a movie version of the board game Monopoly will be adapted into a feature length film, in collaboration with toy maker Hasbro.
"Monopoly is one of the most popular games of all time, and it will translate into a film with tremendous global appeal," said Stephen Davis, executive vice president of Hasbro in a statement.
The script of the film is expected to be written by Andrew Niccol, who won an Academy Award in 1998 for "The Truman Show."
“He is an inspired choice to develop this timeless property into a big, crowd-pleasing event film that will appeal to kids, families and anyone who has ever played the Monopoly game." said Erik Feig, Lionsgate motion picture group co-president.
According to a press release, the movie’s plot is reported to revolve around a boy from Baltic Avenue, one of the cheapest properties in the US version of the game, who makes use of both chance and his community in a quest to make his fortune.
Monopoly was first published in 1935 by the Parker Brothers and became popular in the US after the stock market crashed in 1929 during the Great Depression.
The award winning board game can now be found in 47 different languages and is sold in 114 different countries across the globe.