Microsoft's Halo to Become Movie

It's been a successful video game, and thanks to two deals signed Wednesday it could become a successful motion picture. A spokesman for Universal Pictures said that its studio, along with Twentieth Century Fox, had struck a deal with Microsoft to produce a movie based on the "Halo" and "Halo 2" video games.

The studios will pay Microsoft $5 million plus 10 percent of domestic ticket sales. According to reports, this number is lower than Microsoft wanted - the company had initially asked for $15 million and 15 percent of ticket sales. The studios hope to have the film released in the summer of 2007.