The Masters of the Universe movie is officially dead at Netflix, despite the streamer reportedly already spending over $30 million on developing it.
Based on the He-Man and other Mattel toys, the live-action movie has been in the works at Netflix since 2019, after landing there from other distributors. However, according to Variety, it’s no longer happening, adding another delay to the long-awaited adaptation. The issue, the publication reports, was over budget concerns.
