In a rather surprising turn of events, Sony Pictures has pulled the plug on their highly-anticipated Steve Jobs biopic, putting the project into turnaround, with Universal Pictures eyeing to quickly pick up the project and issue a green light. No reason was given for Sony's sudden move, in which even the Academy Award-winning power of writer Aaron Sorkin and director Danny Boyle couldn't save.

While most projects that get unceremoniously dumped by a studio often have a long road to get to the big screen, sometimes waiting years to find the right home, Universal's quick pick-up may be a blessing in disguise, with Deadline reporting that Universal may close the deal as early as tomorrow.

The news is quite shocking since there has been active news on the casting front, with Michael Fassbender being courted to play the title character, and Seth Rogen also in talks to play Apple co-founder Steve Wozniak. Screenwriter Aaron Sorkin has also been speaking openly about the project as of late, revealing yesterday that Steve Jobs' daughter Lisa is the "heroine" of his story.

RELATED: Universal Pictures 2015 Fall Movie Preview with New Photos

This is only the latest stumbling block for the Steve Jobs biopic, which once had David Fincher attached to direct before pulling out in April, before Danny Boyle took over as director shortly thereafter. The biopic also had Christian Bale attached to star at two different points in development, with Leonardo DiCaprio also briefly set to star before he parted ways with the film last month.

Universal has found success in picking up projects out of turnaround in the past, with their most recent example being Dumb and Dumber To, which the studio picked up after Warner Bros. stepped away, along with a number of other projects such as The 39 Clues and He's F***ing Perfect. The studio also acquired Kick-Ass 2 out of turnaround, but that sequel failed to live up to the hype of its predecessor.

If Universal does acquire Steve Jobs, it remains to be seen how long it will take for casting to get locked down and production to get under way. Do you think Sony dropped the ball by letting Steve Jobs go? Chime in with your thoughts below.