'Super Mario Bros.' Movie in Development at Illumination

Spokespeople for Illumination and Nintendo declined to comment on the report and it's unclear when a formal announcement may be made.

On Tuesday, the Wall Street Journal reported that the video game company is nearing an agreement with Illumination Entertainment to make an animated Super Mario Bros. movie based on the decades-old game series.

As Kotaku points out, the Wall Street Journal's reports on Nintendo's media haven't always been accurate.

Nintendo has been hugely protective of its intellectual properties ever since the first Super Mario Bros. adaptation, which was widely panned by audiences and critics and tanked at the box office. They have placed some of their characters in other films, such as the Bowser cameo in WRECK-IT RALPH and Donkey Kong, Mario and Duck Hunt dog in PIXELS, but no character has had a featured length film.

However, despite the companies' experience in the industry, the "most complicated issue" in the deal is how involved Nintendo will be in the creative process. Illumination is probably best known for the Despicable Me franchise and its spinoff, Minions.

The day many thought would never come has arrived.

The animated Super Mario Bros. film is currently in "early development", which doesn't mean much. In 2015, the publication said that a Netflix show based on The Legend of Zelda was in pre-production. Mario creator and video game guru Shigeru Miyamoto has been a part of these talks with Illumination, and will likely be a producer for the film.