Derrickson was working on the sequel to Doctor Strange, but he left that project back in January over “creative differences” with Marvel.
They’ve got a new version of Fraggle Rock on Apple TV+, and their recent revival of The Dark Crystal on Netflix garnered very positive reviews.
The Jim Henson Company has had success in recent years bringing popular hits from the 1980s back to life.
A Labyrinth reboot (or maybe a sequel?) was first announced back in 2016, with Guardians of the Galaxy’s Nicole Perlman supposedly working on the screenplay.