Blizzard is going in with Legendary Pictures and Warner Bros. The projected budget will be 100 million on the movie. So this is not some licensing deal where the studio has to pay so much for the licensing that they don't really have enough to go after the talented people needed to make a quality movie. I expect this to be a good movie all around, something to rival LOTRs.
With that said here is the small bit of news they released a while ago about their new MMO...
http://www.gamespot.com/news/6183916...result;title;0
I actually know more, but would be in it pretty deep if I said anything.