Yes, that's right. According to sci fi wire, there are plans to make a World of Warcraft movie.
"Representatives from Blizzard Entertainment and Legendary Pictures hosted a panel at the BlizzCon gaming festival in Anaheim, Calif., over the weekend in which they discussed the upcoming film based on the hit massively multiplayer online role-playing game World of Warcraft, according to video-game blog Kotaku. Speaking at the panel were Blizzard's Paul Sams and Chris Metzen, as well as Legendary Pictures CEO Thomas Tull and Chief Creative Officer Jon Jashni. They confirmed that the film will be live-action and will feature some computer-generated environments and effects. The script is still in development, but according to Metzen, the story will take place about a year before the events of World of Warcraft and will be told from the Alliance perspective. There is no director attached yet, but the producers are anticipating a release date in 2009. "