Quoted From: Variety

The Munich-based Schuehly and Kassar are currently in negotiations with a number of top directors to helm the pic, with a final decision expected in the next few months.

Schuehly obtained the rights to the film from Vienna-based publishing group Sessler Verlag.

One of the most groundbreaking films in cinematic history, the influence of "Metropolis" is evident in classic works that have spanned the 20th century, from James Whale's "Frankenstein," "Dr. Strangelove" and "2001" to "Blade Runner," "Gattaca" and "The Matrix."

"With the overwhelming role technology plays in our daily lives, the growing gap between rich and poor, including the gradual elimination of the middle class, the story of 'Metropolis' is a frightening reflection of our society that takes place in an all too possible not too distant future," said Schuehly.

Considered one of the most expensive films of its time, pic is set in 2026 in a massive city-state characterized by its monumental skyscrapers and art-deco architecture.