Capcom says the live action Mega Man movie is still happening.

Yesterday Capcom of Japan released their Financial Review for the year and there was one small paragraph that is raising some eyebrows... they still plan on making the Mega Man movie!  Only two months ago we all thought this project was doomed, and to some it was a sigh of relief, and to others it was a disappointment that yet another Mega project got cancelled.  Well to those who wanted it can now get some of their hope back because it looks like there's still a chance it might get made.  (How good it will be is another matter...).  So keep your eyes and ears open for some updates on this as we find out more.

Here is the quote from the financial report mentioning it :

As such, to generate synergy with its popular games via greater global brand awareness and value, the Company has been producing world-leading content, with brands such as Street Fighter and Resident Evil being made into Hollywood movies, now followed by Monster Hunter and Mega Man, which are also scheduled for live-action film adaptation.

For the full financial report follow the link below :

http://www.capcom.co.jp/ir/english/finance/review.html

(picture from LootCrate short film which can be watched on the following link)
https://www.youtube.com/watch?v=mxyLBfFvk7c

Mega Man live action movie most likely cancelled.

Disney announced that Fox would be cancelling most of it's productions that were planned due to the studio posting a $170 million loss in the fiscal 3rd quarter.  A large part of that loss being the giant flop from the recent movie Dark Phoenix.  This almost pretty much guarantees the Mega Man movie is going to never see the light of day anytime soon, or ever.  This will come to a relief of many who knew it would be horrible if it came to light, and a disappointment to those who truly wanted to see what could happen.  Maybe some day we'll get a movie we deserve, but for now that day isn't coming any time soon.

(Mega Man & Ryu in Marvel vs. Capcom: Infinite)