"Numerous sources have confirmed that producer Avi Arad has optioned the rights," reads the report on The Cut Scene. Arad is also producing the Lost Planet movie with his new production company.

Electronic Arts, publisher of Mass Effect and owner of the intellectual property, declined to comment on the report, but the development would fit with the company's plan to generate revenue by way of Hollywood and TV tie-ins.

Arad, who brought Marvel comic book franchises like X-Men, Spider-Man and Iron Man to the silver screen, has yet to attach a director, screenplay writer, or any stars to the adaptation, if he indeed has purchased the rights.