Nintendo to Create 'Zelda' Movie in Latest Entertainment Venture
Nintendo has announced its plans to develop a live-action film based on the beloved franchise "The Legend of Zelda."
This move marks Nintendo's continued expansion beyond its core gaming business.
The success of the animated "Super Mario Bros" movie earlier this year has demonstrated the market appeal of video game adaptations and has contributed to the growing demand for Nintendo's Switch console.
Following the announcement, Nintendo's shares surged by 6%. The company recently reported selling 6.84 million Switch units in the first half of the financial year, thanks to hardware updates and popular character-driven titles. The upcoming "Zelda" film will be produced by Shigeru Miyamoto, the creator of "Super Mario," and Avi Arad, a veteran producer known for his work on movies like "Spider-Man: Into the Spider-Verse."
While Nintendo and Sony will co-finance the film, it will be directed by Wes Ball, known for his work on the "Planet of the Apes" franchise. The development of the "Zelda" movie has been a long-standing project for Miyamoto and Arad and although it will take time, fans are eagerly anticipating its release.
The decision to create a "Zelda" movie comes at a time when there is a renewed interest in adapting Japanese franchises for global audiences. Netflix, for example, recently launched an adaptation of the popular pirate manga series "One Piece." This move by Nintendo further solidifies the company's commitment to expanding its presence in the entertainment industry.
While gaming remains Nintendo's primary source of profit, the company has experienced significant growth in its mobile and intellectual property-related businesses. In the first half of the current financial year, sales in these areas more than doubled to 55 billion yen ($365.86 million).
Nintendo is set to develop a live-action film based on "The Legend of Zelda" franchise.
The success of the "Super Mario Bros" movie has fueled the demand for video game adaptations.
The "Zelda" film will be produced by Shigeru Miyamoto and Avi Arad.