Steven Spielberg's 'Ready Player One' to release in 2017

Los Angeles: Filmmaker Steven Spielberg's upcoming sci-fi action adventure project "Ready Player One" will release on December 15, 2017.

An adaptation of Ernest Cline's novel, the story is set in a virtual world called Oasis and revolves around a teenager, who finds himself competing in a treasure hunt against ruthless foes after the game's founder dies and offers his fortune as the grand prize. Screenwriter Zak Penn has adapted the novel, according to The Hollywood Reporter. Spielberg, Donald De Line and Dan Fara are producing the film.The project, backed by Warner Bros, was originally brought to the Studio by De Line and Farah.

"Any film from Steven Spielberg is an event film, so it felt right to date this thrilling new project from one of our greatest filmmakers for the holiday season," said Dan Fellman, president of domestic distribution, Warner Bros in a statement. Spielberg, 68, was roped in to direct the film in March.