Apparently, Variety is reporting that Steven Spielberg will be directing the upcoming live action World of Warcraft movie. It seems a little unreal to hear a big name like Spielberg's mentioned in connection with a video game-based project, but if anyone could make this crazy combination work, it would be Blizzard. With the success of other fantasy projects (i.e. Lord of the Rings) and World of Warcraft's immense existing fan base, perhaps it really is the type of project that could attract this level of talent.
Update: This has been found to be pure fiction.