New U.S.-China co-production has secured funding to feature the classic video game.

Threshold Global Studios, a new joint venture between Threshold Entertainment Group and Seven Star Works, has secured $80 million in funding to develop a new film based on the classic video game “Tetris.”

The new movie will be Threshold Global Studios’ inaugural project and is a U.S.-China co-production that will film in China and feature a Chinese cast.

“‘Tetris,’ one of the most recognized video game franchises of all time, is a perfect first project for this strategy,” says Larry Kasanoff, chairman and chief executive officer, Threshold Entertainment. “For our debut project, Threshold Global Studios will bring one of the most beloved, cross-generational gaming brands in the world to the big screen as an epic, sci-fi thriller.”

The story for the new movie has already been created, and Kasanoff and Bruno Wu, chief executive officer of Sun Seven Stars Media Group, will co-produce film. The film will be executive produced by Threshold’s Jimmy lenner, Seven Stars and The Tetris Company.

“Just like playing the game, all the pieces are falling into place with bringing an epic, sci-fi thriller based on ‘Tetris’ to the big screen,” says Maya Rogers, chief executive officer, Blue Planet Software, the agent for the Tetris brand. “Threshold Entertainment and Seven Stars have been great partners to work with, and we look forward to continuing the momentum we’ve built as the film moves through the creative process. We’re very excited to bring ‘Tetris’ fans worldwide this epic tale in the form of a major motion picture.”

The "Tetris" movie was intially announced in 2014.