Netflix and Mattel Inc. have come together to develop the "Masters of the Universe," a sword and sorcery-themed media franchise made by the latter in the 1980s. The partnership will turn the iconic action figures into a live-action film, and the production is set to begin in summer this year.
According to Reuters, the live-action production of "Masters of the Universe" was formerly being developed at Sony, and now it was passed on to Netflix. This will be directed by the Nee Brothers - Adam and Aaron, and Kyle Allen have been tapped to star as He-Man or Prince Adam.
The film will tell the story of Adam, an orphan who found out that he is actually a prince meant to be the savior of a faraway land. He must learn how to obtain and use his power to fight the evil force and save the place he originally came from.
Mattel launched the "Masters of the Universe" action figure toys in 1982, and a year after, in 1983, the animated series based on the characters premiered. It was titled "He-Man and the Masters of the Universe" and had been hit. At any rate, while the production of the live-action film has been handed down to Netflix, Deadline reported that Sony will still keep its rights to the movie in China.
"Masters of the Universe is an iconic property that shaped the imaginations of an entire generation of kids in the eighties with the message of becoming the best version of yourself." Mattel Films' executive producer, Robbie Brenner, said in a press release. "With our partners at Netflix, we look forward to showing audiences that anything can happen in Eternia. We are continuing to unlock this global franchise in new ways, and we can't wait to see Kyle battle it out with Skeletor in this epic live-action saga."
The Nee Brothers will use the screenplay they co-wrote with David Callaham. Todd Black, Jason Blumenthal, Steve Tisch, and DeVon Franklin will produce "Masters of the Universe," which will be released via the largest streaming site, Netflix. Finally, Brenner and Mattel's VP of film production, Kevin McKeon, were tasked to lead the project.


Bank of America to Buy Up to 49.9% Stake in Jio Credit for $1.92 Billion
Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch
Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises
Sanrio Shares Plunge as Q1 Profit Miss Overshadows Strong Sales
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business
CBA Posts Record A$10.98B Profit Despite Cautious Outlook
Paramount Weighs CNN Sale as $110B Warner Bros. Discovery Deal Faces Antitrust Fight
OpenAI Executive Brad Lightcap to Leave for New AI Venture
Deutsche Bank Upgrades Persimmon to Buy After Strong First-Half Results
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook
Hims & Hers Shares Fall as GLP-1 Costs Widen Q2 Loss
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants
ANZ Home Loan Applications Drop 12% After Australia Property Tax Changes
Shein Scales Back Vietnam Operations as US Trade Rules Shift 



