Toymakers Mattel are to offer their He-Man live-action film project to other studios after parting company with Warner Bros.
WB and producer Joel Silver have been developing the film, to be called "Grayskull: The Masters of the Universe," since 2007.
But Mattel and the studio failed to see eye to eye on the direction of the project, reports Variety, and made a mutual decision to let their deal lapse this month.
Director John Stevenson ("Kung Fu Panda") is expected to stay with the project, but not Silver, who is exclusive to WB.
The film will revolve around Prince Adam of Eternia who transforms into the superstrong He-Man by raising his sword. At the same time, his cowardly tiger Cringer becomes Battle Cat. They and several companions defend the magical land from evil sorcerer Skeletor.
More than likely this separation should benefit Mattel in that they'll get the project they want. Warner Brothers hasn't exactly had the most open mind when it comes to "Masters of the Universe." Despite the script conjuring a lot of early buzz, last October the project was considered dead after WB couldn't get commitment from any of the directors they wanted until Stevenson showed up.
What do you think of WB and Mattel parting ways on the new Masters of the Universe? Which studio would you like to see the property end up at?
More news to come! Catch ya' later!
Sources: The Geek Files, Screen Rant, First Showing