Variety reports that Fox-based New Regency has dusted off the Voltron franchise and is putting it into turnaround. With Transformers becoming such a hit at the B.O., studios are now looking to unearth other robot projects. Until now, New Regency

couldn’t wrap up a deal with “Voltron’s” Japanese rights holders, delaying any further development of the pic.

Talks for “Voltron” were under way before DreamWorks and Paramount successfully launched “Transformers,” but Hollywood’s interest in robot pics based on popular toys or toons grew after “Transformers” hit it big at the B.O., with Warner Bros. snatching up the rights to “Robotech.”

Relativity Media is negotiating to back the property. The Mark Gordon Co. is attached to produce, and the screenplay was adapted by Justin Marks, who wrote Warner Bros. feature film adaptations of “He-Man” and the “Green Arrow”.