Hasbro has finalized a deal with Emmett/Furla Films to produce adaptations of the board games Monopoly, Hungry Hungry Hippos and the toy Action Man. The first movie to go into production will be Monopoly, which they hope to start shooting next year.

Monopoly was previously in development at Universal Pictures, with Ridley Scott attached to direct. The filmmaker is still attached as a producer, although he will no longer direct. We reported last September that Scott Alexander and Larry Karaszewski were writing the screenplay for Monopoly, although it isn't known if their draft will be used under this new deal.

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The Hungry Hungry Hippos board game debuted in 1978, where players control the hippos to try and gobble up as many white marbles as they can. The adaptation will be an animated feature aimed at children. No details were given regarding the Action Man project, although it is based on the 1960s British toy line.

Emmett/Furla and Hasbro are aiming to spend less than $100 million on each project, a steep downgrade from the $200 million budget of Hasbro's Battleship.