According to The Ankle, Warner Bros.'s rights to Minecraft expire in January 2023, meaning the studio must begin production on the film before then. In addition to Jason Momoa, it seems that the film has also hired Jared Hess to direct it. Hess is known for directing Napoleon Dynamite and Super Nacho.
This information also states that Warner Bros. is thinking of turning the Minecraft movie into a franchise if the first movie gets off the ground. Recently, the Sonic movie franchise has proven that a video game movie saga can work, with two blockbusters, a third on the way, and a spin-off series in development. It sounds like Warner Bros. is hoping that Minecraft will be the next movie to continue that trend.
The troubled development of the Minecraft movie dates back nearly a decade when Night at the Museum director Shawn Levy left the project over creative differences in 2014. Levy was replaced by It's Always Sunny in Philadelphia co-creator Rob McElhenney. but the latter also abandoned the project. As of 2016, the film was in the scriptwriting phase, and the producers said the film was targeting the same audience as Jurassic World.
Since then, the film has had multiple release dates come and go, directors drop out, and at one point included Steve Carell. Recently, the film was going to be directed by Peter Sollett of Camino a casa, with a release date of March 4, 2022.