Sony announced during their press conference at E3 that Rainmaker Entertainment, Blockade Entertainment and Sony Pictures Enetertainment are working together to make Ratchet And Clank: The movie. The movie will be based on the characters from the franchise created by Insomniac Games.
The story is based on events from the original Ratchet And Clank game on the PlayStation 2. However, it will expand on various plot points and include characters introduced in later games from the franchise, such as Doctor Nefarious and the Galactic Rangers.
Alongside the movie, the PlayStation 4 will be receiving a re-imagining of the first game in the franchise. Both are expected to come out in 2015.