The studio has announced that it will team up with 1821 Media and Stan Lee's POW! Entertainment to develop the movie, according to Variety.
"What a treat it is to finally announce our partnership with Lionsgate on a project," said Lee. "The story of Romeo and Juliet is one of my absolute favourites, and I can't wait to bring our rendition of this classic to life."
Screenwriter John J Griffin is on board to adapt the screenplay. Paris Kasidokostas-Latsis and Terry Dougas of 1821 Media will produce with Lee and Gill Champion of POW! executive producing.
Published in 2012, the novel was a New York Times bestseller. It tells the story of two groups of superhuman soldiers, the Montagues and the Capulets, who formerly work together but then turn against each other. Following the classic "Romeo and Juliet" storyline, a boy and girl from the two sides fall in love and plan to secretly marry.
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