SAN FRANCISCO (Reuters) – Microsoft Corp. (MSFT.O: Quote, Profile, Research) has signed a deal with two film studios to make a movie based on its popular space-based video game series ”Halo,” a spokesman for Universal Pictures said on Wednesday.

Universal and Twentieth Century Fox agreed to pay Microsoft $5 million plus a percentage of movie ticket sales. The total price being paid is capped at 10 percent of domestic box office receipts.

More: Reuters


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