Lost Planet: Movie Based on the Hit Videogame

July 14, 2008–Warner will distribute “Lost Planet,” a picture based on the hit vidgame that is co-financed by the Japanese publisher. David Hayter, who worked on Zack Snyder's “Watchmen,” will pen the screenplay.

Avi Arad and Steven Paul will produce through Seaside Entertainment, the shingle they formed to produce fantasy fare. “Lost Planet,” which was released in Japan in late 2006 and North America in early 2007, has sold over 2 million units. A sequel is in the works.

The vidgame revolves around an expedition to an ice planet that harbors an energy source with the potential to save mankind.

WB will have worldwide distribution rights on “Lost Planet.”

Capcom is now an active participant in movie transfers of its vidgames. The publisher has had “Resident Evil” turned into three films, with a fourth in the works. It's currently partnered with Hyde Park Entertainment on a live action version of its game “Street Fighter” and has a feature version of “Onimusha” at Paramount.