'Monopoly' to get big screen adaptation

Los Angeles: A movie version of the "Monopoly" board game is all set to be made by Lionsgate Studios.

Andrew Niccol will write the screenplay for the big-screen adaptation, said the Hollywood Reporter.

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.

"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."

"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.

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