http://www.tracking-board.com/tb-exclusive-a-mega-man-movie-is-a-go-at-fox/A few gaming sites have latched on and reported it as well already, but hey, best to maybe read it here as well.
No real details at this time, outside of "IT'S HAPPENING!", with the article having a brief description of the Classic series. I could personally see Classic working as a CG movie, but seeing as these are the people that brought us stuff like Planets of the Apes remakes, I could totally dig an X series style movie that looks at the relationship of humanity and sentient robots that sometimes like to kill them after getting porn viruses.
Either way, it is yet another thing from the woods showing Capcom is ready to cash in on all dat sweet Megaman nostalgia, and there exists the possibility that this actually releases before the Metal Gear Solid movie, so that could be a thing to wear as honor?