"New Line has acquired the feature film rights to the popular Microsoft and Epic Games title Gears of War. Scripter Stuart Beattie (Collateral) will adapt the videogame for the big screen."
"...I'm not a gamer, but what blew me away about Gears was how it captures the mythology of a war mission and how high the stakes are," says Wyck Godfrey who, along with Marty Bowen, is producing the film through their Temple Hill banner.
A summer 2009 release is planned for the film."
For more info click the article link above.
Makes perfect sense with over 3 million copies of the game sold and its massive popularity. I hope the movies decent and doesn't end up getting tossed around like the Halo movie.