Deadline is exclusively reporting that Legendary Pictures is moving forward to strike a deal with Nintendo to land the rights to make a live-action film of Pokémon.
Back in April there was reports circling that a bidding war was starting for the film rights of the video game property, with the likes of Warner Bros. and Sony allegedly some of the studios interested in it, but now seems Legendary Pictures could pip it at the end. Of course Legendary Pictures weren’t available for comment as neither was Pokemon USA as stated in the report.
The news comes after the franchise got a major boost the last week as Nintendo launched the Pokemon Go mobile game in the USA and a few other countries, which gave the company an almost 25% share increase and adding an extra $9 billion value to the company. It’ll be a coup for Legendary Pictures who have had a video game to live-action film already released this year in Warcraft, which has made $430m worldwide on a $160m budget, making the majority of that money overseas as it only made $46m at the US box office.
In that regard to Legendary Pictures already working on a video game to film property before, it makes sense from their standpoint to really go for it in getting the rights to adapt a live-action Pokémon, especially now since the property has exploded back into households again with the release of the mobile game (which I think I’m one of the 1% in the world that doesn’t have it). With Warcraft making most of its money overseas, Legendary would easily make return from the overseas market with a Pokémon film. It’ll be interesting to see how this story develops in the next few months.