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Capcom's Mega Man movie appears to still be in the works

The super fighting robot lives on
by rawmeatcowboy
29 October 2019
GN Version 5.0

Back when Disney acquired 21st Century Fox, they shelved/cancelled a ton of movies in the works. The Mega Man movie adaptation was one of those projects at Fox, so many thought the film was over and done with. That might not be the case, though. Capcom's most recent financial report includes the following line.

"... 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."

What we don't get is info on where the movie is now. Does Disney still have plans for it, or was it shopped to someone else?

[Link]