Netflix is collaborating with gaming company Ubisoft for a live-action series based on the video game, Assassin's Creed. Releasing a statement together, the streaming giant and the gaming company announced their decision to develop a slate of properties based on the best-selling game. 

Assassin's Creed franchise was launched in 2007 and has since sold more than 155 million games worldwide. It depicts an ancient struggle between the Assassins and their power-hunger rivals, the Templars, and weaves its drama through historical events and figures. 

"For more than 10 years, millions of fans around the world have helped shape the Assassin's Creed brand into an iconic franchise. We're thrilled to create an Assassin's Creed series with Netflix and we look forward to developing the next saga in the Assassin's Creed universe," said Jason Altman, Head of Ubisoft Film & Television, Los Angeles. 

Peter Friedlander, Vice President of Original Series at Netflix, said the streamer is excited to partner with Ubisoft for developing a "rich, multi-layered storytelling" universe. "From its breathtaking historical worlds and massive global appeal as one of the best selling video game franchises of all time, we are committed to carefully crafting epic and thrilling entertainment based on this distinct IP and provide a deeper dive for fans and our members around the world to enjoy," he added. 

The video game was previously adapted to a 2016 movie, starring actors Michael Fassbender and Marion Cotillard in the lead. However, the film proved to be a major critical and commercial disappointment.