Variety has reported that Bagdasarian Productions and Fox are planning a live-action/CGI feature based on Alvin and the Chipmunks.  Dave Seville will be live action, and the Chipmunks will be CGI. 

 

The property dates from 1958, when it was created by the late Ross Bagdasarian, Sr. as a recording act.  The first record, The Chipmunk Song, sold 4.5 million copies.  It later spawned an animated primetime series, primetime specials, and Saturday morning cartoons which were run in over 100 countries in 40 languages.