I don't see how you make something like this without being boring as feck.
The Zelda franchise was never about the story or characters. In fact pretty much every Zelda game's narrative could be condensed down to big evil baddie doing big evil baddie things, voiceless underdog hero defeats big evil baddie, saves princess and the day is saved.
Granted the Mario live action saw success, but unlike Zelda, the Mario characters have plenty of goofy charm and colour to make them compelling. Link has the personality and charisma of a wet mop, and Ganandorf is about as one dimensional as the worst villains in cinema history.
Smells like another shameless attempt to cash in after the success of the Mario movie, while being oblivious as to what made it so compelling to begin with.
Right that's enough of my bitter tirade, I'm off to play tears of the kingdom.