Deadline is exclusively reporting that directors Danny and Michael Philippou are in final negotiations with Legendary to helm the live-action film adaptation of the popular video game franchise Street Fighter.

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Street Fighter, created by Capcom, is one of the most popular fighting video game franchises of all time, beginning as an arcade game in 1987, then shooting in the stratosphere in 1991 with Street Fighter II being released on arcade and multiple consoles. Overall, the video game franchise has sold over 49m units worldwide, with the latest game in the franchise, Street Fighter 6, set for release this year on the 2nd June.

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Danny and Michael Philippou have their upcoming directorial debut, the supernatural horror-thriller Talk To Me, set to come out cinematically this summer. It was reported at the start of April that Legendary acquired the film rights to the video game franchise and now they looks set to speed development along by attaching these directors.

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Legendary Pictures will be working closely on Capcom on future projects related to Street Fighter.