M. Night Shyamalan to make Avatar: The Last Airbender

What a twist!
Nickelodeon, Par team for ‘Airbender’ – Entertainment News, Film News, Media – Variety

Paramount Pictures and Nickelodeon Movies will release M. Night Shyamalan’s live-action bigscreen adaptation of the popular animated TV series “Avatar: The Last Airbender” on July 2, 2010.
Studio has dropped “Avatar” from the title of the action-adventure so as to avoid confusion with James Cameron’s 3-D epic “Avatar,” which 20th Century Fox opens Dec. 18, 2009.
“Airbender” is the first pic to claim that date.

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