Actually, I'm surprised it took them this long. Excerpt:
Illumination Entertainment chief Chris Meledandri has acquired rights to turn the Uglydoll franchise into an animated feature film. Universal Pictures and Illumination will develop the film based on the global line of Uglydoll characters launched by husband-wife artist team David Horvath and Sun-Min Kim. Meet the Fockers scribe Larry Stuckey will write the script, inspired by the dolls and stories created by Horvath and Kim.
Full article here: