According to Variety, Sony is in final negotiations to tackle the big screen version of a games franchise that sees assassins in the past recover items for a secret organisation in the future.
Ubisoft - which launched UbiSoft Motion Pictures earlier this year - apparently wants to maintain creative control over the development of its games for other platforms and feels Sony is the studio to allow that.
Sony is also currently backing a number of other projects based on games, with adaptations of Uncharted: Drake's Fortune and InFamous in development.
In August, Ubisoft chief Yves Guillemot told the Gamescom conference in Germany that he also wants to produce bigscreen versions of Tom Clancy's Splinter Cell and Ghost Recon .
Can Assassin's Creed pull in the crowds? Even a disappointing performance by Disney's Prince Of Persia: The Sands Of Time , which was based on a Ubisoft game, saw that film earn $335m worldwide.
Surely an Assassin can take down a Prince?
Cool Competition Alert!
Ubisoft, creators of Assassin's Creed, are give you the chance to win a holiday to Istanbul. But winning the prize ain't gonna be easy... but it will be fun!
To be in with a chance of winning, you'll have to solve five fiendish puzzles (but you won't need any previous experience of the games to be able to take part).
To find out more, and to see if you've got what it takes to crack the code, visit the website for more details.