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Joe Ballarini (Dance of the Dead) will write the script. Megan McCarthy, showrunner for My Little Pony: Friendship is Magic, as well as writer on both My Little Pony: Equestria Girls (see "Bronies Get Ready") and My Little Pony: Equestria Girls--Rainbow Rocks, will exec produce.
Both Equestria Girls OAVs received limited theatrical releases before home video, through Screenvision and Shout! Factory, though the totals are not tallied like traditional theatrical releases.
The 1986 My Little Pony: The Movie, which stared Danny DeVito, Tony Randall, Rhea Perlman, and Cloris Leachman, grossed $5,958,456 and spent seven weeks in the theaters.
Hasbro’s first project under its Allspark label is the upcoming Jem and the Holograms feature co-produced by Jason Blum’s Blumhouse Productions and co-financed by Universal (see "'Jem' Gets a Date").