Meanwhile, Netflix is already collaborating with Kevin Smith on an upcoming He-Man animated sequel series, Masters of the Universe: Revelation, with the filmmaker executive producing and showrunning the project.
After developing a Masters of the Universe film since 2007, Sony is apparently considering making the project for Netflix, according to The Hollywood Reporter.
It was announced earlier this year that Masters of the Universe would arrive in theaters on March 5, 2021.
The outlet reports that studio chairman Tom Rothman is in preliminary talks as Sony decides between finding a studio or financier partner for the He-Man project, or go with Netflix in a “safe deal.”