That’s right, folks. M. Night Shyamalan (Unbreakable, The Sixth Sense, Signs) has signed up with Paramount to write, produce, AND direct THREE (3) films – LIVE-ACTION – based on Avatar: The Last Airbender (probably the highest-rated show on Nickelodeon’s roster ATM).

The Wikipedia page has been updated with the news, but an article on the films is, as of yet, forthcoming.

Interestingly, James Cameron is also directing a film titled “Avatar”, due to be released in 2009.