Ubisoft and film maker and distributor New Regency have announced they are partnering on the forthcoming Assassin’s Creed film.

Ubisoft Motion Pictures, the film and television division of Ubisoft, will develop the Assassin’s Creed film in close collaboration with New Regency. The development of a screenplay is beginning immediately and the project described as ‘being fast tracked as the creative pieces come together.’

‘Ubisoft chose to partner with New Regency because they are a talent and filmmaker-driven company, with the same independent and creative mindset that we have at Ubisoft Motion Pictures,’ said Jean-Julien Baronnet, chief executive officer, Ubisoft Motion Pictures. ‘Bringing aboard New Regency’s renowned production and distribution expertise while maintaining our own creative and financial flexibility ensures that Assassin’s Creed will be a high-quality film that respects the lore and fans of the video game franchise.’

The partnership with New Regency comes hot on the heels of Ubisoft Motion Pictures attaching distinguished actor Michael Fassbender to the Assassin’s Creed film.

‘We wanted to do everything we could to secure the rights to Assassin’s Creed, which Ubisoft has maintained with such care and quality over the years,’ said Brad Weston, president and chief executive officer, New Regency. ‘Having just finished working with Michael on Steve McQueen’s 12 Years A Slave (with Plan B) made the partnership even more irresistible.’

Ubisoft Motion Pictures was created in January 2011 to expand the audience of Ubisoft’s successful video game brands by bringing them to film, television and Web series.

Assassin’s Creed 3 is due for Xbox 360, PS3 and PC on 31 October 2012, read our full preview here.