First, Random House picked up the book rights and now Warner Bros. has picked up the film rights for the young-adult sci-fi novel Ready Player One written by Fanboys scribe, Ernie Cline. Donald De Line (Green Lantern) is attached to produce and Cline has first shot at the screenplay.

THR also brings us the logline that was used to sell the film:

In the near future, outcast teenager Wade Watts escapes from his bleak surroundings by logging in to the Oasis, a globally networked virtual utopia where users can lead idyllic alternate lives. When the eccentric billionaire who created the Oasis dies, he offers up his vast fortune as the prize in an elaborate treasure hunt. Along with gamers from around the world Wade joins the adventure, and quickly finds himself pitted against powerful corporate foes who will do anything, in the oasis or the real world, to reach the treasure first. Think Willy Wonka, The Matrix, and Avatar all rolled into one.