Peter Jackson and spouse Fran Walsh will co-executive produce the upcoming Halo, based on the hugely popular X-Box videogame property.  Jackson and Walsh co-wrote the Lord of the Rings trilogy and King Kong.  Unlike those films, however, Halo will not be directed by Jackson; a director is expected to be named soon.

 

Weta Digital and Weta Workshop will create creatures, miniatures, and visual effects.  The film will be shot in New Zealand, and is slated for a summer 2007 release.
 
Large amounts of licensed merchandise will undoubtedly follow.  Joyride has the action figure license for the game property.