VOLTRON Causes Bidding War (Mania.com)

By:Jarrod Sarafin
Date: Tuesday, March 08, 2011
Source: NYMag Vulture

When it comes to the next big franchise that could-be for any Hollywood executive, properties that have been around for 30 years are sure to take up large portions of their radar screens. One such possibility is Voltron, a popular title that has been around for nearly that length of time and has been in and out of development hell over the past decade. NY Magazine's Vulture is reporting possible traction for fans of the classic animated series, with several studios entering a bidding war for the feature film rights.

One of the front-runners is Ryan Kavanaugh's Relativity Media, the very same financial backers who tried to set the property up at 20th Century Fox back in 2005 with Mark Gordon overseeing production. That deal eventually fell apart due to legal threats from former TV rights holders, Toei, but Relativity believes they can set it up once again. The report goes on to suggest that if Kavanaugh's latest attempt succeeds, the project would likely be set up at Paramount Pictures.

Time will tell on who brings Voltron to life on the silver screen but with the 30th anniversary rapidly approaching, insiders believe it could happen as early as 2013. Rights-holders World Events are also preparing to air a new series of the property called "Voltron Force" on Nicktoons in May.

Series: Voltron: Defender of the Universe