World Events Productions (WEP) announced at its Comic-Con International panel that Relativity Media optioned the rights to make a live-action film adaptation of the Voltron animated series. Atlus Productions is also involved.
New Regency, a 20th Century Fox-based production company, once negotiated with WEP and the Mark Gordon Company for the live-action Voltron rights in 2007. However, New Regency never actually signed a deal, and other companies were allowed to negotiate for the rights. WEP said in a 2008 lawsuit that New Regency discovered that former Toei character designer Kazuo Nakamura “may possess rights” related to Golion and thus the first Voltron series.At the time that New Regency dropped the project in 2008, the Variety entertainment news source reported that Relativity Media was negotiating to pick up the project.
Source: ANN