DreamWorks Greenlights Sci-Fi Movie

Hugh Jackman to star in “Real Steel.”

Last Updated: November 24, 2009 @ 5:09 AM

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.