He-Man Has Lost Power: Netflix Not Making ‘Masters of the Universe’ Film After All

Unemployed Skeletor Cosplay
Neilson Barnard/Getty Images

Your new batch of dank Skeletor memes will have wait a while.

The live-action Masters of the Universe movie that toymaker Mattel had been developing with Netflix has been scrapped, reports Variety.

The movie, which was to star Kyle Allen as He-Man and was to be directed by Adam and Aaron Nee, failed to materialize after Netflix poured an estimated $30 million into the property and talent.

According to Variety:

“The latest headaches for He-Man and friends only further complicates the property’s torturous journey to the screen, one that goes as far back as 2007. It’s a long road that’s crossed through two other studios, Warner Bros. and Sony Pictures, and countless writers and directors like Jon M. Chu and McG. The latest implosion at Netflix, according to five individuals with knowledge of the project, was over budget concerns.”

Mattel and producers are expected to shop the live-action He-Man film elsewhere, and it could get a boost if the Mattel and Warner Bros. Barbie movie does as well as expected at the box office.

In the meantime, let us have a renewed appreciation for the 1987 live-action Masters of the Universe movie that starred Dolph Lundgren.

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60s Sci-Fi Favorites

March 2020

Do you remember all the great Sci-Fi TV shows of the ’60s?

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