Where's Waldo? to be the next children's book turned movie

Yup, you read that right.  I always thought Hollywood made some interesting choices in their decisions to turn books into films, and Where's Waldo definitely tops that list.  From ComingSoon:

MGM's President of Motion Picture Group Jonathan Glickman today announced that the studio has secured feature film rights to bring Classic Media's "Where's Waldo?" to the big screen in a live-action family adventure.
"We are thrilled to be bringing the search for Waldo to the big screen. Along with our partners at Classic Media, we look forward to making a worldwide adventure that will appeal to 'Where's Waldo?' fans of all ages," Glickman said.