Voltron has emerged from the legal morass which kept it imprisoned in development hell.  Vulture reports that Relativity Media and Atlas Entertainment are in a bidding war to adapt the 1984 anime series that was pieced together from two separate anime series, which doesn't exactly speak well of the diversity of anime in general.  The original 1984 series, Voltron: Defender of the Universe centered on a group of pilots who control giant lion-robots that can come together to form a super-sized robot called Voltron.  Studios bidding for the property hope to develop Voltron into a Transformers-size hit because we really needed more than one Transformers like property in the world (isn't Transmorphers enough?).

The rights to Voltron currently belong to World Events, which is not only creating a new animated Voltron TV series, Voltron Force, but are developing a feature film as well.  Since Nickelodeon is developing the series, it's possible that sister company Paramount could also back the film.  In any event, World Events executive VP Robert Koplar says that a Voltron movie is on track for a 2013 or 2014 release.