My Little Pony is in Works At Hasbro Studios

Hasbro Studios has given the go ahead  to an animated My Little Pony Movie, reports Variety. Joe Ballarini is writing the script for My Little Pony. Megan McCarthy, whose credits include “My Little Pony: Friendship is Magic,” will serve as co-executive producer on the movie.

“We will continue to make big tentpole movies with our studio partners,” says Hasbro Studios president Stephen Davis, referring to films like Transformers and G.I. Joe, “but there is another set of movies where we feel we have an opportunity to have a bit more control over the budgeting, financing, calendarization, marketing and creative of our films. There are new economic models that fit certain films.”

Movie will get it’s release in  2017