In a statement, LuckyChap termed it “a top property – pun fully intended” while Lionsgate’s film chief, Adam Fogelson, said the company is “tremendously excited” to work on what could be the “next blockbuster.”

Robbie’s Barbie was the highest-grossing film in 2023. Apart from being one of the producers, she was also the lead actress in the movie based on the eponymous fashion dolls by Mattel.

The movie was also nominated for Best Picture at the 96th Academy Awards. In February, the I, Tonya actor told Variety that they want to make more films that have the effect that Barbie has.

The Monopoly film has been in development for more than a decade, according to the Hollywood Reporter. But it was announced on Wednesday that LuckyChap will produce it.

Hasbro Entertainment, part of the American toy company, will also be a producer.

“As one of the most iconic games in the world, Monopoly provides an incredible platform for storytelling opportunities,” Zev Foreman, head of film for Hasbro Entertainment, said.

Last December Lionsgate extended its development rights to the board game when it bought Hasbro’s Entertainment One (eOne).