After years in development, Netflix has cancelled its live-action Masters of the Universe reboot. Based on Mattel’s line of He-Man toys, the first live-action Masters of the Universe movie was released in 1987 with Dolph Lundgren playing the muscular hero from Eternia. Plans for a fresh reboot date as far back as 2007, with the project passing through multiple hands and studios over the years. In early 2022, Netflix officially picked up the most recent iteration of the project from Sony, as The Lost City directors Adam and Aaron Nee signed to helm a script they co-wrote with Spider-Man: Across the Spider-Verse scribe David Callaham.
https://screenrant.com/masters-of-the-universe-movie-reboot-cancelled-netflix/