Charles Roven, Richard Suckle and Steve Alexander have acquired the rights to make a live-action feature based Voltron.
Voltron aired in the U.S from 1984-1985. It follows five robot-lions who combine to form a super lion. Pilots control the robots in order to defend Arus from the villain King Zarkon, who dispatches Robobeats to fight the Voltron robots.
The movie does not have studio backing yet, but Atlas Entertainment has a overall deal with Sony who may jump on the opportunity to compete with The Transformers.
From The Hollywood Reporter