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Experience Hendrix and their CEO, Hendrix's sister Janie, have "made it known many times in the past that no such film, were it to include original music or copyrights created by Jimi Hendrix, can be undertaken without its full participation." A musician's biopic without music? That is decidedly unfoxy, lady!
The estate does, however, confirm that a documentary film is currently in the works, stating, "With Sony Legacy, our partner, we are active in releasing documentary material starring, so to speak, Jimi Hendrix as himself and plan to continue on this path."
Reportedly, the role was also offered to Jason Derulo but he turned it down, not that it matters now.