This should be a hoot. Seems Universal Pictures have won a bidding war against three other studios for the right to produce a movie based on Asteroids. Yes. The 1979 game Asteroids.
Disney writer Matthew Lopez is writing the script, while Lorenzo di Bonaventura - who has been credited on movies like Transformers, GI Joe and Doom - is producing.
On the bright side, at least there's no plot for them to screw up! Unless, you know. The movie somehow doesn't involve a spaceship and at least one asteroid.
Kotaku AU Note: Thanks to Chris Kohler for revealing an early draft of the script.