As Pokemon Go continues to smash records across the globe and snatching headlines in mainstream media, it shouldn’t come as a surprise that after months of negotiations between The Pokémon Company and Legendary Entertainment, the studio has finally struck a deal to create a live-action movie based on Detective Pikachu.
According to Variety, the film will focus on the character that was introduced earlier this year in the Nintendo 3DS game Great Detective Pikachu, which was released in Japan this past February. Legendary said details are being kept under wraps but added that the film will be fast-tracked for production to start in 2017.
The deal comes two weeks after the Pokemon Go app was released and became a worldwide phenomenon. The augmented reality game from Niantic Labs and The Pokémon Company has more than doubled Nintendo’s market capitalization to $42 billion since it launched two weeks ago and chances are, we can expect a lot more from the Pokemon company over the next two years.
Pokémon was introduced in Japan in 1996 and has sold 279 million video games worldwide with 21.5 billion cards shipped to 74 countries, and an animated series spanning 19 seasons. The franchise recentlycelebrated its 20 year anniversary and announced the next two games, Pokemon Sun and Pokemon Moon, will be released later this fall.