By September 2015, Chernin Entertainment and Capcombegan developing a Mega Man film with Peter Cherninproducing along with Mike Ireland and Ryan Harrigan and David Ready and Michael Finfer overseeing the film. It was unknown whether or not it was going to be set as a live-action/animated film at the time. In July 2017, Henry Joostand and Ariel Schulman were hired to write and direct the film with Masi Oka producing. Following the Walt Disney Company's acquisition of 20th Century Fox's parent company, 21st Century Fox in March 2019, the film along with numerous video game-based films in development at Fox were cancelled in August. On October 29, Capcom indicated to investors in a semi-annual report that the film is still in development at Disney. Mattson Tomlin was hired to rewrite the script for Capcom and Chernin Entertainment. In April 2020, Peter Chernin and Chernin Entertainment signed to a non-exclusive first-look feature film producing deal with Netflix. After Disney put the project on turnaround, Netflix acquired it.