Lionsgate is in talks with Michael Gracey to direct. Gracey has previously worked in visual effects and animation, and is now directing several upcoming films, such as an adaptation of Roald Dahl's The Witches and an Elton John biopic Rocketman.
Avi Arad (Hollywood's Ghost in the Shell, Gamba: Gamba to Nakama-tachi) is producing the film at Arad Productions, and Erik Feig, Geoff Shaveitz and Kelly O'Malley are overseeing the film.
As reported from , The studio is in negotiations for the film rights to the “Naruto” series written and illustrated by Masashi Kishimoto, first published in 1997. The manga, which has sold more than 200 million copies in print, follows adolescent ninja Naruto Uzumaki, who dreams of becoming the village ninja, the community’s protector and leader.
“Naruto” has generated an anime series in Japan that premiered in 2002 and lasted 220 episodes, while the “Naruto: Shippuden” sequel has been airing since 2007. In addition to the anime series, Studio Pierrot has developed 10 movies.
As we know before, Hollywod had turned anime "Dragon Ball" into live action movie, but the result is ,many of fans disappointed. Lest hope this will not happen to Naruto.