It appears like all that Barbie hype hasn’t helped convey momentum to another toy-adjacent Mattel property. Variety is reporting that the live-action Masters of the Universe film that has been in development for some time, most recently at Netflix—Kyle Allen was cast as He-Man over a year ago—is outwardly now not.
The commerce cites a number of nameless sources that agree finances woes are the explanation—large finances woes, apparently: “Insiders mentioned that near $30 million has already been spent on growth prices and the money that’s been shelled out to carry on to expertise,” together with potential star Allen and administrators Adam and Aaron Nee (The Misplaced Metropolis). Or perhaps even larger? “Different knowledgable sources estimate all-in prices for growth at twice that determine,” Selection writes; its investigation discovered that the film had by no means really been given a inexperienced mild by the streamer—which skilled a recent stock drop after subscriber losses—even after the film’s preliminary $200 million finances was nudged all the way down to $180 million. Selection notes that “a spokesperson for Mattel confirmed that Masters of the Universe is now not at Netflix, however didn’t present any additional remark. A Netflix spokesperson had no remark.”
Head to Variety for all the within baseball; even in the event you’re not a Masters of the Universe fan particularly, it’s an fascinating take a look at a mission that Hollywood has been attempting to make for over 15 years in some type, with this newest shot at Netflix—dwelling to widespread latest animated He-Man adventures—being simply the newest to run aground.
Need extra io9 information? Take a look at when to anticipate the newest Marvel, Star Wars, and Star Trek releases, what’s subsequent for the DC Universe on film and TV, and all the pieces you could learn about the way forward for Doctor Who.
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