Legendary Pictures has optioned the film rights to EA and Bioware's extremely successful video game series Mass Effect. According to the press release, the project will also fall under Legendary's co-production and co-financing agreement with Warner Bros., who will distribute the film worldwide. The producers are in discussions with Mark Protosevich (I Am Legend, Thor) to draft a screenplay based on the epic science fiction game series.  Legendary’s Thomas Tull and Jon Jashni will produce the film with Avi and Ari Arad. BioWare co-founders Ray Muzyka and Greg Zeschuk will serve as executive producers, as will Mass Effect executive producer Casey Hudson.

If you're a fan of the game, you should be very happy Legendary Pictures landed the rights as they're a great movie company with a solid track record (The Dark Knight, 300, Clash of the Titans, The Hangover and Watchmen). More after the jump - including the E3 trailer from 2006 that explains the game.

Mass Effect - E3 2006 Trailer

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For those not familiar with the game:

BioWare’s epic science fiction series takes place in the year 2183 and follows Commander Shepard of the SS Normandy who leads a team on a mission to defeat an ancient alien race that invades the galaxy every 50,000 years, wiping out all organic life. The most recent game in the series, Mass Effect 2, was released in January of 2010, and earned rave reviews from critics worldwide.

Here's some of the quotes from the press release:

Mass Effect is a tremendous property ripe for translation to the big screen,” said Thomas Tull, Chairman and CEO of Legendary Pictures.  “Mass Effect is a prime example of the kind of source material we at Legendary like to develop; it has depth, compelling characters and an engaging back story.  This coupled with Avi and Ari producing and the skills of a great team adapting the screenplay, are the start of turning this smash videogame based property into a successful feature film.”

“We are thrilled to be working with Legendary,” said producer Avi Arad.  “EA and BioWare are terrific partners who have created a brilliant piece of fiction with a universe filled with amazing aliens and technology.  More importantly, though, they created a parable whose conflicts mirror the ones we currently face in our own world.  This story emphasizes the need for all cultures to learn to work together.  All this magic is presented in a fast paced action-adventure that makes for the best kind of movie experience.”

“At BioWare, we’ve always thought of Mass Effect as having the depth, emotion and plot twists perfectly suited for an adaptation to a motion picture,” said Casey Hudson. “With Legendary and Avi and Ari Arad attached, we believe that the Mass Effect movie will be an extraordinary entertainment event that realizes our vision for the franchise and thrills fans.”

Pat O’Brien, VP of EA Entertainment added “The mission of EA Entertainment is to take key EA properties and find additional ways to bring these properties to people.  We can’t think of a better fit than Mass Effect and we couldn’t be more excited to bring Commander Shepard’s adventures to the silver screen.”

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Here's some images from the game: