Ripten’s Andrew Podolsky, who is live blogging the Capcom Press Conference as I type this, has just reported that a Lost Planet movie has been confirmed to be in the works.

The screenplay will be written by David Hayter, screenwriter of X2 and the upcoming Watchmen. Fans probably know him better as the voice of Solid Snake. Avi Arad and Ari Arad will be producing.

For more on the film, check out our Live Blog.