LA-based global media company Studio71 has acquired the worldwide film rights to the live-action family adventure.

The movie is the first project from Gadget Studios, a new LA-based prodco focused on original live-action IPs for families, founded by Michael Younesi and MGA Entertainment CEO Isaac Larian.

Created by Michael Younesi, the executive producer of Netflix’s hit series Project Mc2, MakerForce 5 brings together five kids — a gamer, a comic book geek, an inventor, a skater and a martial artist — to fight off a mysterious invasion that occurs after every parent in the group’s hometown suddenly vanishes. Michael Younesi will write and direct the film, with Studio71 serving as executive producer. A release date for the movie has not been announced.

Following the success of MGA’s STEAM-based series Project Mc2, which to date has delivered six seasons, a global toy line and multiple Emmy nominations, Gadget is looking to develop a slate of original IPs with strong potential for consumer products. To that end, MGA also has a non-exclusive first-look deal with Gadget for toys.

In a post on LinkedIn, Isaac commented: “Now let’s change the kids Entertainment business and #disrupt.”