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DreamWorks Greenlights Sci-Fi Movie

Hugh Jackman to star in ”Real Steel.“

Steven Spielberg and Stacey Snider are betting big on robots for their first project since securing $825 million in financing for the reconstituted DreamWorks.

The DreamWorks principals have greenlit the "Rocky"-esque robot tale "Real Steel," to star Hugh Jackman, as their first pic since raising $650 million from both J.P. Morgan Securities and Reliance Big Pictures and an additional $175 million from Disney, which will distribute DreamWorks titles.

Read more from Variety.