Rumors of Universal Pictures taking over Aaron Sorkin's Steve Jobs biopic have proven true. A studio spokesperson confirmed to The Hollywood Reporter that a deal has been reached less than a week after Sony Pictures dropped the movie. Rights to the project were reportedly priced at over $30 million.

Slumdog Millionaire's Danny Boyle will be serving as director, while Michael Fassbender has been attached to star in the film. Both Seth Rogen and Jessica Chastain are reportedly likely to join the cast, with the former in line to play Apple co-founder Steve Wozniak and the latter potentially taking on the role of Steve Jobs' daughter. The film is based on Walter Isaacson's Steve Jobs biography and was in development in Sony Pictures for the past two years.