Hasbro's 'Monopoly' Movie Moves to Lionsgate

FILM: Monopoly
<p>Scott Alexander and Larry Karaszewski have been hired to write &quot;Monopoly,&quot; an adaptation of the Hasbro board game. Ridley Scott is attached to direct and is producing with Hasbro&#39;s Bennett Schneir and Brian Goldner.</p>   |   Carl de Souza/AFP/Getty Images
Andrew Niccol ('The Truman Show,' 'Gattaca,' 'The Terminal') will write the screenplay for the big-screen adaptation.

A movie version of the Monopoly board game is getting another go around the board — this time at Lionsgate.

The popular Hasbro property and long-gestating project most recently had been in development with Emmett/Furla Films but has now moved to Lionsgate, which will finance the movie.

Andrew Niccol (The Truman Show, Gattaca, The Terminal) will write the screenplay for the big-screen adaptation, which will be produced by Lionsgate and Hasbro's Allspark Pictures.

"Hasbro is a partner with incredible global reach, one of the most compelling brand portfolios in the world, and a signature brand in Monopoly that has multigenerational appeal," Lionsgate motion picture group co-president Erik Feig said. "Andrew Niccol is the ultimate world creator...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."

Added Hasbro executive VP and chief content officer Stephen Davis: "As we've seen with our other movies and television series, Hasbro's brands are terrific for creating engaging stories and appealing characters that speak to audiences of all ages, and together with Lionsgate we will bring Monopoly to life on the big screen. Monopoly is one of the most popular games of all time, and it will translate into a film with tremendous global appeal and marketability."

Monopoly is being envisioned as a family-friendly tentpole. The story centers on a boy from Baltic Avenue who uses both Chance and Community in a quest to make his fortune, taking him on an adventure-filled journey. It's about making your own luck, what makes you truly rich and avoiding jail time.

Monopoly has been played by more than 1 billion people in 114 countries and has been translated into 47 different languages, according to Hasbro.

The Rhode Island-based toy company has spawned a multi-billion dollar franchise with the Transformers movies. But outside of Transformers, the toy company has a mixed record. Ouija was a low-budget success for Universal, but Battleship became an expensive miss for that studio. A Monopoly film has been in development ever since the first Transformers movie became a global box-office success. At one point, Ridley Scott was attached to direct Monopoly.

Up next for Hasbro is the Jon Chu-directed Jem and Holograms, which Universal releases at the end of October.