Producers Lorenzo di Bonaventura and Gigi Pritzker have optioned the rights to develop the project, according to The Hollywood Reporter. The two are looking for a writer.
For the uninitiated, Space Invaders was introduced in 1978 and became a pop culture phenomenon during the next decade when it was made available for the Atari 2600. The title is the top arcade game of all time, according to the Guinness World Records.
Given that brand equity and the track record for other films based on '80s properties, like Transformers, the idea of a Space Invaders movie has been around for a while. Last March, the L.A. Times reported that Warner Bros. was negotiating with Space Invaders owner Taito about a movie.
Additionally, di Bonaventura has brought toy properties to the big screen. He is one of the producers of the Transformers films as well as G.I. Joe: The Rise of the Cobra.