Jon M. Chu is in talks to helm Sony's MASTERS OF THE UNIVERSE movie, per Deadline.
Chu's first foray into large-scale cinematic action (G.I. JOE: RETALIATION) was due in theaters this Summer, but was famously delayed to 1) convert that film to 3D, and 2) shoot several additional scenes...which are rumored to add more Tatum.
Before RETALIATION, Chu directed STEP UP 2: THE STREETS and STEP UP 3D, and was firmly placed on the map when he brought us the far more interesting than it might've been JUSTIN BIEBER: NEVER SAY NEVER.
MASTERS OF THE UNIVERSE toys, a line which launched in 1981 can still be easily be had, a new comic series was recently begun by DC, the classic HE-MAN AND THE MASTERS OF THE UNIVERSE cartoon series is currently available for streaming via Netflix (I myself recently watched the HE-MAN & SHE-RA CHRISTMAS SPECIAL and say so with pride)...
...and Gary Goddard's admirably energetic Cannon Films adaptation of the property, starring Dolph Lundgren as He-Man and Frank Langella as a deliriously awesome Skeletor, finally arrives on Blu-ray in early October.
--more on this documentary HERE! --
So, clearly, we're not even close to done with HE-MAN and company. Nor should we be. Ever.
There have, in recent years, been a number of runs towards returning MASTERS to the big screen in live action form - all of struggled, or met with unfortunate ends. It'll be interesting to see if Chu's involvement this time around will be enough to drag this particular project into reality.