AceShowbiz - Capcom is assembling Mega Man for its big screen debut. The video game developer has officially announced that it's developing a live-action adaptation of its video game franchise, teaming up with 20th Century Fox which will be handling the distribution.

It's additionally confirmed that "Catfish" directors Henry Joost and Ariel Schulman have been hired to direct and write the script. The duo has also worked together on "Paranormal Activity 3" and "Paranormal Activity 4", as well as 2016's sci-fi horror "Viral" and techno thriller "Nerve".

Chernin Entertainment is set to produce alongside Masi Oka. No release date is set for the live-action movie just yet. News about the project development first surfaced in 2015.

Details of the storyline are not available, but Capcom says in a press release that it aims to "appeal to a diverse audience, including not only game players but action movie fans as well, with an adaptation that maintains the world of the Mega Man games, while incorporating the grand production and entertainment value that Hollywood movies are known for."

"Mega Man", known as Rockman in Japan, was released for the Nintendo Entertainment System in 1987. It centers on the titular robot character or one of his many counterparts. The game has sold 32 million units worldwide and spawned a number of spin-offs and sequels. Capcom further capitalizes on it by using it on various mediums, such as character merchandise, comic books, animated television shows and movies.

Capcom is also the home to other popular video games like "Street Figher" and "Resident Evil", which have been turned into Hollywood movies. The latter became a huge film franchise, spawning six installments starring Milla Jovovich that were released from 2002 until 2016. Paul W. S. Anderson shepherded all six films, while Sony Pictures Entertainment acquired distribution rights.