WB and Capcom Discover Lost Planet

ON

Warner Bros. will distribute a film based on Capcom’s hit video game “Lost Planet” that will be co-financed by the Japanese publisher, reports Variety.

David Hayter (Watchmen) will write the screenplay.

Avi Arad, Ari Arad and Steven Paul will produce through Seaside Entertainment, the company 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 believed to be in the works.

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