News culture Netflix cancels this highly anticipated film and throws $30 million in the trash
Published on 07/19/2023 at 11:45
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Netflix’s upcoming live-action adaptation has just been canceled. Fans of animated series in mourning!
The film adapted from the Masters of the Universe in live-action that Netflix produced was just abandoned by the firm … when they already had invested millions of dollars in the project!
Musclor in live-action, it will not be on Netflix
Variety announces, according to its sources inside the project, that Netflix has just abandoned the live-action film project “Masters of the Universe”. According to these sources, Netflix had already spent nearly $30 million for film development. Expenses were primarily intended to keep the film crew in place, such as the directors Adam and Aaron Neeas well as actor Kyle Allen, who was to play Musclor. The project had already encountered many difficulties before being supported by Netflix. Initially at Warner Bros. then at Sony Pictures, the film had spent almost ten years in development without finding a director or an interpreter for Musclor. It was ultimately the growing interest in 1980s franchises that sparked renewed interest in the film, which was picked up by Netflix. However, the colossal budget estimated at $180 million would have been the determining factor for the abandonment of the project by Netflix. Despite the cost reduction attempts and the idea of the directors of shoot a sequel at the same time as the first filmin order to reduce expenses, Netflix preferred to close the floodgates.
Mattel is looking for a new studio
Nevertheless, All is not lost for Masters of the Universe in live-action. Indeed, Mattel, the company that owns the franchise, is now looking to have the project taken over by another studio. Universal Pictures would have been contacted to recover the film, but nothing is final yet. Mattel also relies on the upcoming launch of the Barbie movie, announced as a box office success, to attract studios’ interest in their properties. Musclor also is a character created solely to sell figurinesand if Barbie has the hoped-for success, it may be that production houses wish ride the wave with other Mattel toys. The future of the film therefore remains uncertain, but the hope of finally see Musclor and Skeletor in live-action on the big screen is not totally extinguished.
A project too ambitious for Netflix?
Masters of the Universe was an ambitious project that aimed to bring back the iconic 1980s franchise in the front of the scene. After having produces a new animated series that serves as a sequel to the original series, and an animated series dedicated to younger audiences (respectively Masters of the Universe: Revelation and Musclor: Masters of the Universe), Netflix had high hopes of being able to bring the franchise to film sets. The film was to take place on the planet Eternia and focus on the conflict between Musclor and Skeletor. With an estimated budget of $180 million, the film promised to deliver an awe-inspiring viewing experience and rekindle fans’ nostalgia for the original animated series. Unfortunately, the high production costs forced Netflix to abandon the project, leaving the franchise in a bind. The project remains on hold, but it is certain that fans of this legendary franchise will continue to dream of a successful adaptation that will pay homage to the characters emblematic of “The Masters of the Universe”.
Netflix offers the animated series Musclor: Masters of the Universe and Masters of the Universe: Revelation on its catalog in France.
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