'RoboCop' May Be Back With Brazilian Director Jose Padilha

MGM has not given up on "RoboCop" yet. After the project fell out following the company's financial problems, MGM sets up new plans to make the movie and is currently negotiating with Jose Padilha to take the helming duty.

Deadline Hollywood says Gary Barber and Roger Birnbaum, MGM's CEOs, are impressed by Padilha's work on crime drama "Elite Squad" and its sequel. They will reportedly hire a writer once the Brazilian filmmaker signs up for the reboot project.

Moreover, the site says the studio now targets "RoboCop" as their first major franchise play. It was previously developed as a directing vehicle for Darren Aronofsky. But following the company's bankruptcy, the helmer left the project and decided to direct "The Wolverine".