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"Real Steel" is the first film from DreamWorks after raising $650 million production funding from J.P. Morgan Securities and India-based Reliance Big Pictures. Disney also contributed $175 million to DreamWorks, for the exclusive distribution of new DreamWorks titles including "Real Steel".
"Real Steel", based on author Richard Matheson's short story,

was previously adapted for the 1963 "Twilight Zone" episode "Steel", written by Rod Serling, focusing on a world where human boxing has been outlawed in favor of a field dominated by 'fighting robots'.

But when Kelly realizes Maxo's functions are beyond repair after too many years of wear and tear, he disguises himself as Maxo, almost getting himself killed in the ring by a battling 'B7 robot'.
In the end, the faux Maxo is awarded half the prize money for an amusingly 'poor' performance, with loyal Kelly promising to invest his winnings in new parts for Maxo.
DreamWorks initially acquired the project in 2005 for a reported $850,000, with writer John Gatins handing in the most recent draft screenplay.
Click the images to enlarge and Sneak Peek "Twilight Zone: Steel" and "Rock 'Em Sock' 'Em Robots"...