In one of the highest profile licensing deals made by a Hollywood studio in decades, Illumination Entertainment have nearly sealed the deal make the animated movie.
According to industry heads, Illumination has been in talks with Nintendo for over a year.
According to the report, the companies have been in negotiations for a year and the fact Universal (which finances and distributes Illumination's movie) has partnered with Nintendo for several theme parks was helpful. The Journal previously reported that a live-action Legend of Zelda series was being developed by Nintendo for Netflix.
After the weird but strangely handsome disaster that was the live-action 1993 Super Mario Bros movie, it's not hard to believe Nintendo's being a tough negotiator this time around.
The Super Mario Brothers could be smashing bricks on the big screen soon.
It's important to note that a deal is not yet done, and both Nintendo and Universal have declined to comment.
Illumination's Mac Guff studio in Paris who has been responsible for the Despicable Me series of films has commenced development on the film with the release date unconfirmed. Right now, the deal is one for one movie, but there is potential for more.