The acquisition precedes an animated film based on the Super Mario Brothers franchise starring Chris Pratt – Nintendo’s most anticipated cinematic release in years. The film is set to be released next year, nearly thirty years after the poorly received 1993 live-action film starring Bob Hoskins and John Leguizamo. The company also released a live-action adaptation of Detective Pikachu in 2019, based on the Pokemon franchise.
Recent interest from production houses in turning video games into movies and TV shows is what led to such a move by Nintendo. Earlier this year, a second film in the sonic the hedgehog franchise has been released and a TV show is currently in production for HBO based on The last of us.
Recently, Sony also released Unexplored starring Tom Holland, a film adapted from the video game of the same title, and has indicated that it wants to continue to expand its PlayStation IPs outside of video games. And of course there is Netflix the witcher with Henry Cavill as the lead and many more such adaptations.
Nintendo plans to close the acquisition by October 3 and will acquire 100% of the outstanding shares of Dynamo Pictures, which will become a wholly owned subsidiary of the video game company.