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The project is Hasbro’s latest plan to extract more money from its lucrative nerdy consumers.

Spin Master Entertainment has tapped Brad Peyton to write, direct and produce a live action movie based on the popular Bakugan toy line earlier turned into an anime adventure TV series.

Hasbro is bringing the iconic Magic: The Gathering TCG to screens by partnering with Universal Studios and Legendary Entertainment for a live-action cinematic universe.