Variety:

It is certain that a “Magic 8 Ball" movie is in the works. In fact, you may rely on it.

A movie centered on the fortune-telling toy, which dates back to the 1950s, is being developed by Mattel Films and Blumhouse Productions. “Fantasy Island" director Jeff Wadlow is attached to helm and will script with collaborators Jillian Jacobs and Chris Roach.

If we’ve had movies about Ouija boards, LEGO and (soon) Playmobil, why not the trusty Magic 8 Ball?